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Thunder Power Holdings, Inc. Provides Significant Updates to Investors

Thunder Power Holdings, Inc. (OTCQB: AIEV), a leading innovator in electric vehicle (EV) technology, recently made headlines with several major announcements that highlight its progress and strategic direction in the rapidly evolving EV market.

OTCQB Trading Approval

As of June 5, 2025, Thunder Power has received official approval to trade its shares on the OTCQB Venture Market, a recognized platform that is overseen by the U.S. Securities and Exchange Commission (SEC). This marks a significant milestone for the company as it seeks to broaden its reach and enhance investor engagement. Christopher Nicoll, CEO of Thunder Power, expressed enthusiasm at this development, stating that it is a crucial step that enables the company to expand collaboration with Electric Power Technology Limited (TW Company) and leverage its complementary strengths to drive mutual growth.

Upcoming Annual Meeting of Shareholders

In conjunction with this successful listing, Thunder Power is poised to hold its Annual Meeting of Stockholders, where shareholders will vote on several important proposals. These include approving the issuance of new shares as part of the Share Exchange Agreement with TW Company, which is listed on the Taipei Exchange. This agreement will allow Thunder Power to acquire approximately 30.8% of TW's total outstanding shares, thereby strengthening its position in the electric vehicle sector.

Strategic Reverse Stock Split Proposal

Moreover, shareholders will also consider a proposal for a reverse stock split, which is seen as a strategic measure to enhance the company's visibility and attractiveness to both institutional and retail investors. Nicoll indicated that this move is intended to improve stock liquidity and provide flexibility to support Thunder Power’s ambitious growth strategies and capital-raising initiatives. According to him, the board believes that approval of this split is essential for pursuing strategic opportunities and fostering partnerships that will lead to long-term business success.

Partnership with Electric Power Technology Limited

The impending vote on the Share Exchange Agreement with TW Company represents a pivotal moment in Thunder Power's expansion plans. This strategic partnership is anticipated to open new avenues across the EV value chain. As part of this agreement, Thunder Power aims to enhance its access to advanced technologies and manufacturing capabilities, particularly in the renewable energy sector. The collaboration is set against the backdrop of Taiwan's growing solar energy market, where the government targets 15% of its electricity from renewable sources by 2025, with projections to increase to 35% by 2035.

Growth Strategy and Market Positioning

With the recent trading approval and pending shareholder votes, Thunder Power is strategically positioned to accelerate its growth. The acquisition of significant assets in the renewable energy domain promises to not only strengthen the company’s capital base but also support its aspirations of becoming a leader in the clean energy transition. As it navigates the complexities of the EV market, Thunder Power remains committed to developing cutting-edge electric vehicles that meet the demands of a more sustainable future.

Conclusion

Thunder Power Holdings, Inc. continues to take significant steps towards establishing itself as a formidable player in the electric vehicle and clean energy markets. Through smart strategic planning and active engagement with shareholders, the company is poised to capitalize on emerging opportunities and reinforce its mission for a smarter, cleaner mobility future. Investors and stakeholders should monitor these developments closely as Thunder Power charts its path forward in this dynamic industry.