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Phoenix Motorcars

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Title: Phoenix Motorcars  
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Subject: SsangYong Actyon, Automotive industry in the United States, Energy in Hawaii, List of electric vehicle battery manufacturers, Ontario, California
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Phoenix Motorcars

Phoenix Motorcars[1]
Type Startup[2]
Industry Automotive[3]
Founded 2002[3]
Headquarters Ontario, California[2]
Area served United States, Canada, United Arab Emirates
Parent Al Yousuf LLC[2]
Website http://www.phoenixmotorcars.com
Two Phoenix Motorcars parked near company offices in Ontario, California

Phoenix MC, Inc. is a privately held Delaware corporation headquartered in Ontario, California, that does business as Phoenix Motorcars. Phoenix Cars LLC. is a leading developer of zero emission, all-electric vehicles (EV), focused on the deployment of light and medium duty EV's into the fleet and transit markets. The Company has announced battery supply agreements with both with Altair Nanotechnologies, Inc. and Electrovaya Inc.

Restructuring and financing

On March 19, 2008, Phoenix Motorcars announced that it had completed a financing and restructuring, this let Phoenix Motorcars stay alive as an automotive company.[4] Dubai, United Arab Emirates-based Al Yousuf LLC, and Arlington, Virginia-based AES Corporation,[4] as new investors, the departure of the Phoenix Motorcars’ original founders and the appointment of a new board of directors.[5]

However in mid-2010, Al Yousuf LLC closed on a deal with AES Corporation that let Phoenix Motorcars become a wholly owned subsidiary of Al Yousuf LLC.[6] This led to another restructuring of Phoenix Motorcars in less than 2 years, however, the head of Phoenix Motorcars’ V.P. Sales & Marketing said this move would benefit both companies, and that Phoenix Motorcars is headed towards releasing the SUT as secluded, to fleet customers in late 2011.[6][7]

Planned vehicles

Phoenix SUT

Phoenix Motorcars has announced plans to introduce an all-electric sports utility truck (SUT) based on the SsangYong Actyon Sports. The Phoenix SUT is anticipated to feature a 35kWh NanoSafe battery pack (lithium–titanate battery), which will provide a range of over 100 miles (160 km) miles and the ability to fast-recharge in under 10-minutes.[8] Phoenix Motorcars has taken orders for its SUTs for delivery to corporate and government fleet customers.

Production

Electric Shuttle Bus

Phoenix launched its third product in 2013, called the Electric Shuttle Bus, which is based on the versatile Ford E350/450 Series, an all electric 14 passenger shuttle bus with 100 mile range per charge. It is currently available in the United States and Canada.

PMC

Phoenix launched an electric subcompact car called the PMC, which is based on the Daihatsu Sirion. It is currently available in the U.A.E.

Hawaii Clean Energy Initiative

On December 9, 2008, Phoenix Motorcars executed a memorandum for Phoenix's participation in the private/public Hawaii Clean Energy Initiative, one week following Project Better Place's own announcement related to the Hawaii Clean Energy Initiative,[9] and announced a plan to introduce all-electric vehicles and an electric vehicle infrastructure to the island of Maui beginning in 2009.[10]

References

  1. ^ "Phoenix Motorcars SUT". Futurecars.com. 2012-12-07. Retrieved 2013-05-03. 
  2. ^ a b c "Phoenix Motorcars, Inc.: Private Company Information - Businessweek". Investing.businessweek.com. 2010-07-12. Retrieved 2013-05-03. 
  3. ^ a b "Electric Cars, Green Vehicle". Phoenix Motorcars. Retrieved 2013-05-03. 
  4. ^ a b "Phoenix Motorcars Gets Investment". socalTECH.com. 2008-03-19. Retrieved 2013-05-03. 
  5. ^ "Electric Cars, Green Vehicle". Phoenix Motorcars. Retrieved 2013-05-03. 
  6. ^ a b "Phoenix Motorcars Introduces AWD Model Electric Pickup". Evworld.Com. 2010-07-16. Retrieved 2013-05-03. 
  7. ^ "Electric Cars, Green Vehicle". Phoenix Motorcars. Retrieved 2013-05-03. 
  8. ^ "Electric Cars, Green Vehicle". Phoenix Motorcars. Retrieved 2013-05-03. 
  9. ^ [1]
  10. ^ "Exhibits at Low Carbon Fuels 2008". Phoenix Motorcars. 2008-12-09. Retrieved 2013-05-03. 

External links

  • Official Website
  • CNET - Revving up for the all-electric SUV
  • Engadget - Phoenix Motorcars intros a truly plug-and-play car
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