Phoenix Motor is a holding company. Through its subsidiaries, Co. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles and markets and sells electric vehicle chargers for the commercial and residential markets. Co. operates two primary brands, Phoenix Motorcars, which is focused on commercial products including medium duty electric vehicles, chargers and electric forklifts, and EdisonFuture, which provides light-duty electric vehicles. Co. sells its products both fully integrated into complete vehicles and in kit form to other business partners for integration in the same vehicle platforms. The PEV average annual return since 2022 is shown above.
The Average Annual Return on the PEV average annual return since 2022 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether PEV average annual return since 2022 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PEV average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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