Thunder Power Holdings, Inc. Reports Third Quarter 2025 Financial Results and Provides Strategic Operational Update
Integration with Taiwan Affiliate: Thunder Power is finalizing a share exchange agreement with Electric Power Technology Limited, aiming for completion by the end of 2025, which will enhance organizational alignment and operational capabilities.
Expansion of Solar Energy Portfolio: The company is acquiring 100% equity in 16 solar power plants in Taiwan, increasing its solar capacity from 0.5MW to 4.5MW, and expects to generate over NT$20 million annually from these assets.
Strategic Initiatives for Growth: Thunder Power is focused on maximizing project value through market data analysis and government incentives, while also exploring acquisitions of solar providers to enhance vertical integration and profitability.
Financial Overview and Challenges: The company reported no revenue for Q3 2025, with a net loss of $0.4 million, and faces uncertainties regarding its ability to continue operations due to significant losses and ongoing legal issues involving its principal shareholder.
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