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About PHOENIX MOTOR INC.
Phoenix Motor, Inc. designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium duty electric vehicles, with an aim to reduce carbon intensity and greenhouse gas emissions. The company is headquartered in Ontario, California and currently employs 30 full-time employees. The company went IPO on 2022-06-08. The firm operates through its wholly owned subsidiaries, Phoenix Cars LLC, Phoenix Motorcars Leasing LLC, and EdisonFuture Motor, Inc. The company designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium duty electric vehicles (EVs). The company operates two primary brands, Phoenix Motorcars, which is focused on commercial products including medium duty electric vehicles, chargers and electric forklifts, and EdisonFuture which intends to offer light-duty electric vehicles. The company sells its products both fully integrated into complete vehicles and in kit form to other business partners for integration into complete vehicles. The firm is engaged in the production of its third generation (Gen 3) drivetrain (E-300), offering up to 160 miles in range.
Industry: Truck & Bus Bodies Peers: Envirotech Vehicles, Inc. AYRO, Inc. Cenntro Inc. MULLEN AUTOMOTIVE INC. NU RIDE INC. Electric Last Mile Solutions, Inc. FARADAY FUTURE INTELLIGENT ELECTRIC INC. Tesla, Inc.