Thunder Power Holdings uplisted to OTCQB Venture Market to bolster EV expansion strategy

Thunder Power Holdings, Inc. (OTCQB: AIEV), a developer of premium electric vehicles with a clean energy-focused acquisition model, has formally commenced trading on the OTCQB Venture Market as of June 5, 2025. This move follows regulatory clearance from the U.S. Securities and Exchange Commission for its latest proxy statement, enabling the Delaware-based EV manufacturer to proceed with a shareholder vote on two pivotal actions: a proposed reverse stock split and a share issuance tied to a cross-border energy partnership.

The uplisting to the OTCQB Venture Market is a strategic milestone for Thunder Power Holdings, which operates across the clean transportation and renewable energy sectors. It enhances the company’s market transparency and expands its reach to a wider base of institutional and retail investors as it advances its next growth phase in electric mobility and solar generation.

Founded to address innovation gaps in the global electric vehicle supply chain, Thunder Power Holdings has developed proprietary performance EV technology, with a commercialization strategy targeted initially at Asia and Europe. The company is now leveraging equity-based expansion and renewable energy acquisitions to vertically integrate across the clean energy value chain.

Why Thunder Power is issuing shares to acquire Taiwan-based Electric Power Technology

At the upcoming Annual Meeting of Stockholders, Thunder Power Holdings will request approval to issue common shares as part of a strategic share exchange agreement with Electric Power Technology Limited, a publicly traded Taiwanese clean energy developer listed on the Taipei Exchange under the ticker 4529.

Under the terms of the amended Share Exchange Agreement, Thunder Power will acquire approximately 30.8% of Electric Power Technology’s outstanding equity in exchange for newly issued Thunder Power common shares. The transaction reflects Thunder Power’s shift toward supply chain resilience and regional energy integration, positioning the company to gain critical manufacturing and solar generation capabilities in one of Asia’s fastest-growing clean energy markets.

Electric Power Technology, referred to as TW Company in transactional filings, has also recently entered into equity trading arrangements with Laiyang Solar Energy Co. and Jinlaiyang Solar Energy Co., acquiring 4.4 megawatts of solar capacity. These deals aim to expand Electric Power Technology’s solar footprint within Taiwan, where solar accounted for 5% of national electricity in 2024. Government targets are now pushing solar to 15% by 2025 and up to 35% of installed capacity by 2035.

This strategic acquisition provides Thunder Power Holdings with direct exposure to Taiwan’s solar market and enables cost and technology synergies in clean energy vehicle development. The company expects the resulting platform to improve its capital efficiency, accelerate time to market for its EV products, and strengthen its access to high-quality renewable assets.

Thunder Power’s proposed reverse stock split seeks liquidity and listing flexibility

In parallel with the Taiwan-focused share issuance, Thunder Power Holdings is also seeking shareholder approval for a reverse stock split of its common stock. This corporate action would consolidate the number of shares outstanding, thereby increasing the per-share price and making the stock potentially more attractive to institutional funds and index-tracking investors.

According to Thunder Power CEO Christopher Nicoll, the proposed reverse split is not just a compliance step but part of a long-term effort to improve stock liquidity, enhance valuation perception, and prepare for future capital raises. Nicoll stated that the board sees the move as instrumental in providing “greater flexibility to pursue strategic opportunities and partnerships” as the company scales globally.

Reverse splits are commonly used by early-stage growth companies to meet uplisting criteria on higher-tier exchanges or attract analyst coverage that is often unavailable for low-priced stocks. Analysts generally view such splits positively when paired with clear strategic intent and capital market engagement.

SEC clears Thunder Power to advance toward strategic shareholder vote

The June 6 announcement follows confirmation from the U.S. Securities and Exchange Commission’s Division of Corporation Finance that it had completed its review of Thunder Power’s revised preliminary proxy statement (Schedule 14A), originally filed on May 29, 2025. This approval allows the company to formally schedule its Annual Meeting of Stockholders, during which the reverse split and share issuance proposals will be voted on.

Regulatory readiness for the shareholder meeting signals that Thunder Power has met its legal and reporting obligations—a prerequisite for both continued OTCQB trading and institutional investor participation. The OTCQB market, recognized by the SEC as an established public trading venue, requires companies to remain current in their reporting, complete annual verification, and maintain management certifications.

Shares of Thunder Power Holdings now trade under the ticker AIEV, with disclosures and market data publicly available via the OTC Markets platform.

How the Taiwan deal fits into Thunder Power’s broader clean energy platform

Thunder Power’s acquisition-led strategy reflects a growing industry trend among EV startups and mid-cap players to integrate upstream into the energy supply chain. By acquiring a substantial equity stake in Electric Power Technology, Thunder Power gains access not only to Taiwan’s solar generation market but also to localized manufacturing capabilities that can lower cost and shorten production cycles for future EV models.

The deal’s solar assets—derived from recent TW Company purchases from Laiyang and Jinlaiyang—could be integrated into Thunder Power’s clean energy charging infrastructure, adding a new layer to its sustainability value proposition. Given that Taiwan’s renewable energy targets are government-backed and subsidized, the acquisition also offers Thunder Power a more stable revenue and regulatory footing in its international expansion.

With solar generation set to triple its market share by 2035 in Taiwan, the transaction is being viewed as both timely and high-leverage. Institutional investors are likely to assess Thunder Power’s clean energy entry as a de-risking move amid volatility in EV-only business models.

Institutional and retail investor outlook for Thunder Power

As Thunder Power Holdings prepares for its stockholder vote, investor focus is shifting to the strategic viability of the Electric Power Technology acquisition and the executional follow-through post-OTCQB listing.

The company’s pre-revenue status places heightened importance on operational transparency, capital discipline, and delivery milestones. However, its transition to OTCQB may improve institutional visibility, particularly among family offices, green-focused ETFs, and funds that track early-stage ESG assets.

The share exchange with TW Company, if approved, is expected to significantly expand Thunder Power’s balance sheet assets and provide the firm with long-term leverage in both the EV and solar sectors. The reverse split, meanwhile, could open new financing pathways, including equity line agreements or potential uplisting to larger exchanges like Nasdaq.

While no analyst coverage was cited in the company’s latest release, investor sentiment is likely to remain cautiously optimistic pending execution of the Taiwan transaction and release of a commercial product roadmap.

What’s next for Thunder Power Holdings

Following the OTCQB listing and SEC clearance, the next milestone for Thunder Power Holdings will be the scheduling and outcome of its Annual Meeting of Stockholders. Should shareholders approve the reverse split and share exchange, the company is expected to proceed with onboarding its new Taiwan-based energy assets and integrating its EV and solar strategy into a single platform.

Thunder Power has also signaled its intent to evaluate additional strategic transactions to expand its clean energy portfolio. Capital markets activity—including equity issuance or debt facilities—may follow, particularly if investor sentiment improves and the broader EV sector sees renewed inflows in Q3 and Q4 2025.

As the global EV industry continues to face consolidation and competition from vertically integrated incumbents, Thunder Power’s move to combine vehicle innovation with clean energy exposure positions it at the frontier of the next-generation mobility ecosystem.