EdisonFuture, a subsidiary of Phoenix Motors, intends to accept payment in bitcoins


© Reuters.

Phoenix Motor Inc. (PEV) (“Company” or “Phoenix”), a leading provider of electrification solutions for medium commercial vehicles, today announced that its subsidiary EdisonFuture intends to offer Bitcoin as a method payment to its customers for the purchase of EdisonFuture brand electric delivery vans and vans, once these products become available for sale.

The company conducted market analysis and found growing interest in bitcoin, which was amplified by the COVID-19 pandemic and complex international relations. Therefore, we have decided to accept bitcoins for our products and services to meet the growing demand for Web 3.0 technologies and artificial intelligence in the coming period.

“We are constantly looking for ways to improve and expand our offering. Adopting this approach is an investment in the company’s digital advancement to meet our customers’ preferences for a wider range of options. payment,” said Denton Peng, president and CEO of Phoenix Motor Inc.

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