PHOENIX MOTOR INC.

Phoenix Motor Inc. designs, builds, and distributes electrification solutions and commercial electric vehicles. The company provides electric drive systems, medium-duty commercial electric trucks, electric transit buses, chargers, and electric forklifts under the Phoenix Motorcars brand, while developing light-duty electric vehicles under the EdisonFuture brand. Its medium-duty configurations include shuttle buses, utility vehicles, service vehicles, flatbed trucks, walk-in vans, and school buses. Additionally, the business manufactures purpose-built electric transit buses, including the ZX5 transit bus model, and collects battery lease receivables. The company serves public transit authorities, municipalities, utility providers, airports, universities, seaports, hotels, school districts, parking operators, and corporate fleet operators across North America.

The company operates its corporate headquarters in Anaheim, California. Phoenix Motor distributes its vehicles and drive systems throughout North America, having delivered 138 commercial electric vehicles across more than 48 customers as well as 30 electric transit buses to public and private transit operators.

Summary of the business section of Phoenix Motor's latest annual report, written by StockData.

“of December 31, 2024, we had 159 full-time employees based primarily in the Greenville, South Carolina area.”