Month: April 2025

Application Process is Currently Underway to List on OTCQB

WILMINGTON, Del., April 20, 2025 /PRNewswire/ — Thunder Power Holdings, Inc. (NASDAQ: AIEV) (“Thunder Power” or the “Company”), a technology innovator and developer of premium passenger Electric Vehicles (“EVs”) whose acquisition strategy is focused on addressing strategic gaps in the EV sector with a diversified approach across the clean energy value chain, today announced that the Company received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) that after a hearing on April 15, 2025, it has determined to delist the Company’s ordinary shares on Nasdaq Capital Market for its failure to comply with Nasdaq continued listing standards.

As a result, Thunder Power’s common shares are expected to begin trading under the symbol AIEV on the OTC Pink Open Market operated by the OTC Markets Group, Inc. (“OTC”), commencing on April 21, 2025. The Company is in the process of applying to OTC for listing on the OTCQB® Venture Market (the “OTCQB”) and, if the application is approved, will uplist from OTC-Pink to the OTCQB. The transition of the Company’s listing to the OTC Pink or OTCQB is not expected to affect the Company’s business operations or its reporting requirements under the rules of the Securities and Exchange Commission (“SEC”).

Christopher Nicoll, Chief Executive Officer of Thunder Power, commented, “We previously announced the transfer of our listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective on March 28, 2025. However, after a hearing with a Nasdaq listing committee last week, we were unexpectedly notified of our delisting. Once we have executed on our M&A activities and are qualified, we will reapply to once again be listed on Nasdaq.

“In the near term, we are looking forward to receiving shareholder and regulatory approvals on our previously disclosed share exchange with Electric Power Technology Limited (“EPTL”) (TWSE:4529),” added Nicoll. “We expect to begin generating an initial stream of revenue in 2025, which will further diversify Thunder Power as a green energy solution provider. We are excited to launch this partnership with EPTL to deliver innovative power solutions to a variety of end markets. This alliance is a deliberate next step to expand our capabilities and enter adjacent environmentally-sustainable fields as we work to bring our EV’s to market. Once the EPTL transaction is completed, we will continue to pursue additional strategic M&A targets in the attractive green energy landscape throughout 2025 and beyond.”

About Thunder Power Holdings, Inc. 

Thunder Power is a technology innovator and a developer of innovative electric vehicles (“EVs”). The Company has developed several proprietary technologies, which are the building blocks of the Thunder Power family of EVs. The Company is focused on design and development of high-performance EVs, targeting markets initially in Asia & Europe. Thunder Power’s acquisition strategy is focused on addressing strategic gaps in the EV sector combined with a diversified approach across the clean energy value chain. For more information, please visit: https://aiev.ai/.

Contact:

AIEV Investor Relations
AIEV@dennardlascar.com
713-529-6600

Forward-Looking Statements

This press release contains certain statements that may include “forward-looking statements.” All statements other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminologies such as “believes,” “expects” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results or outcomes could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including but not limited to, (i) operational risks, such as the Company’s ability to successfully execute on its business plan, its ability to complete the acquisition of Electric Power Technology Limited; its ability to receive stockholder approval to issue its common stock in relation to the Share Exchange Agreement; its ability to successfully acquire assets on terms that are favorable to the Company; its ability to integrate acquired assets effectively; and its ability to adapt operations in response to accidents, extreme weather events, natural disasters, and related economic effects; (ii) regulatory and compliance risks, such as the impact of new or amended governmental laws and regulations, including tariffs, clean energy policies, and environmental standards; changes in tax laws or tax-related matters; its ability to receive a successful audit outcome under Generally Accepted Accounting Standards; and its ability to maintain its listing on the Nasdaq Global Market or successfully transfer its listing to the Nasdaq Capital Market; (iii) financial risks, such as the Company’s liquidity position and ability to obtain additional financing, if necessary; foreign currency exchange rate fluctuations; interest rate volatility; the Company’s current pre-revenue status and uncertainties surrounding its ability to generate revenue in the future, including potential delays in product development, market acceptance, or achieving profitability; (iv) market and industry risks, such as fluctuations in consumer acceptance and demand for electric vehicles; competition within the EV sector; the Company’s ability to integrate solar power technology into its products as part of clean energy innovation initiatives; fluctuations in the availability and cost of raw materials critical for EV production; and advancements in battery technology or alternative energy solutions that may impact market dynamics, and (v) such known factors as are detailed in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, each as filed with the Securities and Exchange Commission, and in other reports filed by the Company with the Securities and Exchange Commission from time to time and available on the SEC’s website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors and those reported in the Company’s filings with the Securities and Exchange Commission. Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements, except as required by applicable laws, regulations or rules.

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SOURCE Thunder Power Holdings, Inc.

NEW YORK, April 20, 2025 /PRNewswire/ — As Earth Day approaches, voices across the nation are coming together with one urgent message: our planet is in crisis, and it’s time to act. With the climate emergency accelerating, reducing food and energy waste has become one of the most actionable and immediate ways to slow environmental damage and protect natural resources.

Launching on April 20, Mediaplanet’s Sustainable Living campaign is uniting environmental advocates, educators, and innovators to inspire widespread change. By amplifying the voices of those on the frontlines of climate action, the campaign empowers individuals and businesses alike to embrace more sustainable practices—at home, at work, and in everyday life.

Actress Shailene Woodley joins the conversation with an exclusive interview with Mediaplanet, sharing her passionate commitment to climate advocacy. In her discussion, she emphasizes the emotional toll of today’s environmental challenges while highlighting the transformative power of connection. “It’s really easy to get lost in the macro vision of everything because the world right now feels so overwhelming,” Woodley said. “And when it comes to the environment, the messaging and the narrative can be full of so much doom and gloom and fear and terror. But the thing that counteracts all of that fear always is love, and love can be found in community, and community can really change the world and affect legislation and the way things work.”

The print component of “Sustainable Living” is available in today’s edition of LA Times. The digital component is distributed nationally, through a vast social media strategy, and across a network of top news sites and partner outlets. To explore the digital version of the campaign, visit: https://www.impactingourfuture.com/campaign/sustainable-living/.

This campaign was made possible with the support of Shailene Woodley, Kevin Bacon, Tony Robbins, Kathryn Kellogg, Maggie May Baird, American Solar Energy Society, ClimateBase, Jim McDermott and features paid content from Frigidaire, Aiper, Sunrun, Samsung Electronics.

Copies of the print component will be available at SF Climate Week (April), ASES Solar 2025 (August) and ASES Solar Tours (October).

About Mediaplanet
Mediaplanet specializes in the creation of content marketing campaigns covering a variety of industries. We tell meaningful stories that educate our audience and position our clients as solution providers. Our unique ability to pair the right leaders with the right readers, through the right platforms, has made Mediaplanet a global content marketing powerhouse. Our award-winning stories have won the hearts of countless readers while serving as a valuable platform for brands and their missions. Just call us storytellers with a purpose. Please visit www.mediaplanet.com/us for more on who we are and what we do.

Contact
Jamie Bradley
Jamie.Bradley@mediaplanet.com

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SOURCE Mediaplanet

HONG KONG, April 19, 2025 /PRNewswire/ — TESSAN, a leading brand in charging solutions, has announced its active participation in the prestigious trade exhibition, Global Sources Hong Kong 2025. The event is taking place from April 18 to 21, with TESSAN’s booth located at 10Q33. During the exhibition, TESSAN will showcase its latest innovative products and provide visitors with a unique charging experience.

On the first day of the exhibition, attendees from around the world gathered to witness the latest technological advancements, and TESSAN undoubtedly stood out as a major highlight. With the theme “Charging the Future,” TESSAN captured the attention of all participants.  The convenience brought by technological progress is something everyone desires, and TESSAN has invited global users to join them in “exploring the next era of charging,” together witnessing the future of charging technology.

Exhibit Highlights: Efficient Charging Solutions

At the exhibition, TESSAN will present several groundbreaking charging solutions, including:

1. 140W Universal Travel Adapter

This adapter supports a power output of up to 140W, effectively meeting the charging needs of various global devices. Its compact size and universally compatible plug design make it an ideal choice for international travelers and business trips. Whether at an airport, hotel, or in a foreign country, the TESSAN 140W Travel Adapter provides reliable and stable charging support.

2. 100W Multi-Device Charging Station

This charging station can simultaneously charge multiple devices with a maximum output of 100W. It supports the charging of smartphones, tablets, laptops, and other devices at the same time. Its intelligent battery management system ensures that each port automatically adjusts the current based on the device’s requirements, providing a safe and efficient charging experience.

3. PD20W 10,000mAh Power Bank

This compact, portable power bank offers impressive charging capabilities. With support for 20W Power Delivery (PD) fast charging, it can quickly charge smartphones, tablets, and other devices, ensuring your gadgets remain powered during your adventures. It is ideal for travel, outdoor activities, and a variety of on-the-go situations.

4. Magnetic Power Bank

The TESSAN Magnetic Power Bank offers a sleek 10,000mAh capacity with 20W fast charging for your devices. Featuring a convenient magnetic design, it securely attaches to your phone for hassle-free wireless charging. And don’t forget the built-in Lightning cables and the convenient blue indicator light, which truly make this remarkable gadget an ideal choice for both travel and daily use. Just think about it: when you forget to charge your phone overnight and find yourself in a rush to get to work the next day, you’ll understand the significance of this product. It’s time to say goodbye to “low battery”.

Exploring the Future of Charging

TESSAN embodies an innovative spirit and is dedicated to delivering more efficient and intelligent charging solutions for users worldwide. At the Global Sources Hong Kong 2025 exhibition, TESSAN engaged with attendees to discuss future trends in charging technologies and showcased its latest advancements in smart accessories. TESSAN warmly invites global users to visit booth 10Q33 to experience its innovative products firsthand and gain insights into the future development trends of charging technology.

Join TESSAN’s mission to enhance the planet

TESSAN has always firmly believed that small actions can grow into mighty forests. Even the smallest efforts can help save the planet and change the world. TESSAN hereby calls on more individuals to join in these efforts to improve the planet, allowing the environment and technology to progress together. Let’s Charge for the Future.

About TESSAN

TESSAN, a trusted partner in charging solutions, is committed to enriching experiences both at home and during travel. The brand offers a wide array of products, including multifunctional power strips, travel adapters, wall extenders, and smart home devices. Supported by a robust R&D and production team, TESSAN develops innovative socket products for users across the globe. With the trust of over 20 million users, TESSAN empowers their journeys from home to every destination, promoting environmentally conscious electricity usage.

For more information, visit www.tessan.com or the TESSAN Amazon store, and follow TESSAN on Facebook, Instagram, and YouTube.

CONTACT: Derien Lin, derien@tessan.com

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SOURCE TESSAN