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Thunder Power Holdings Q3 2025 Report: Financial Performance and Future Directions

Thunder Power Holdings, Inc. (OTCQB: AIEV), recognized as a pioneering force in the electric vehicle (EV) market, recently announced its financial results and operational strategies for the third quarter of 2025. This update is crucial as the company accelerates its initiatives to expand its renewable energy portfolio and reintegrate operations from Taiwan.

Strategic Share Exchange with Taiwan Affiliate

At the June 2025 annual meeting, Thunder Power received approval to finalize a share exchange agreement with Electric Power Technology Limited, a key affiliate based in Taiwan. With integration activities in progress, Thunder Power expects to close this deal by year-end 2025, pending the necessary regulatory and shareholder approvals.

Expansion in Solar Power Investments

A significant highlight from the quarterly report is Thunder Power's advancement in solar energy. The company is on track to acquire 100% equity in 16 solar power plants located in southern Taiwan, increasing its managed capacity from a meager 0.5 MW to an impressive 4.5 MW. This strategic acquisition is projected to yield over NT$20 million annually in recurring revenue, marking a substantial shift in the company's operational landscape.

The company is also investigating further acquisitions in the engineering, procurement, and construction sectors related to solar power, assessing various solar projects with capacities ranging from 300 kW to 1.5 MW. These initiatives aim to bolster the company’s capabilities in renewable energy and achieve vertical integration to enhance profit margins.

Strategic Focus and Expense Management

Under the leadership of CEO Christopher Nicoll, Thunder Power remains dedicated to maximizing the returns from every project by leveraging real-market data and solar production analytics to guide investment decisions. The team is closely monitoring performance metrics and is committed to expense management, particularly while exploring new financing avenues to enhance their offerings in energy storage and green technologies.

Comments from Nicoll highlight the forward momentum, stating, "We are moving forward toward closing our strategic merger with TW Company and anticipate completing this transaction by year-end. Moreover, we actively pursue opportunities to expand our green energy portfolio, aiming for major solar acquisitions in 2026, targeting up to an additional 50 MW."

Q3 Financial Highlights

Despite the ambitious expansion plans, the financial results from Q3 2025 show challenges as Thunder Power did not generate any revenue during this period. Key financial highlights include:

• - General and administrative expenses totaled $0.4 million for the quarter and around $1.7 million for nine months, reflecting a year-over-year decrease thanks to lower consulting costs.
• - The company reported a net loss of $0.4 million for the quarter, culminating in a total loss of $1.7 million over the nine-month period.
• - Cash reserves as of September 30, 2025, were approximately $16,441, indicating potential liquidity issues.

Additionally, management is navigating uncertainty due to ongoing legal challenges faced by the principal shareholder, which could affect governance and financial support. The team is evaluating responses to resolve these challenges and secure alternative financing options.

Conclusion

As Thunder Power engages in restructuring endeavors and strategic mergers, it remains focused on transforming its operational approach while positioning itself as a key player in the renewable energy sector. The company's innovative strategies coupled with an aggressive expansion plan in solar energy strongly position it for future growth within the evolving clean energy landscape. Stakeholders can expect further updates as Thunder Power executes its growth strategy and accomplishes critical operational milestones in the upcoming months.