Phoenix Motor's EdisonFuture Subsidiary Enters Cooperative Agreement with JustGo to Launch Last-Mile Community Delivery Business
Phoenix Motor (OTC PINK:PEVM) announced that its subsidiary EdisonFuture has partnered with JustGo to launch a last-mile community delivery business. The collaboration will initially deploy 200 EdisonFuture MEV2/LSV electric vehicles in Orange County, California.
The partnership introduces an Electric Fleet-as-a-Service (EFaaS) model, with plans to evolve into a Robot Fleet-as-a-Service (RFaaS) system. EdisonFuture will provide vehicles, maintenance, service, and funding, while JustGo manages operations. The MEV2/LSV vehicle features a 15 kWh battery with 120-mile range, specifically designed for food delivery platforms like Uber Eats, DoorDash, and Instacart.
Additional pilot deliveries are expected in Q4 2025, targeting the multi-billion-dollar U.S. food and last-mile delivery market through a subscription-based model combining leasing, charging, maintenance, and telematics services.
Phoenix Motor (OTC PINK:PEVM) ha comunicato che la sua controllata EdisonFuture ha siglato una partnership con JustGo per avviare un servizio di consegna locale last-mile. La collaborazione prevede l'impiego iniziale di 200 veicoli elettrici EdisonFuture MEV2/LSV nella contea di Orange, California.
Il progetto introduce un modello di Electric Fleet-as-a-Service (EFaaS), con l'obiettivo di evolvere in un sistema Robot Fleet-as-a-Service (RFaaS). EdisonFuture fornirà i veicoli, la manutenzione, l'assistenza e il finanziamento, mentre JustGo si occuperà delle operazioni. Il modello MEV2/LSV monta una batteria da 15 kWh con autonomia di 120 miglia, progettata specificamente per piattaforme di consegna di cibo come Uber Eats, DoorDash e Instacart.
Ulteriori consegne pilota sono previste per il Q4 2025, rivolgendosi al mercato statunitense multimiliardario delle consegne last-mile e del food tramite un modello in abbonamento che combina leasing, ricarica, manutenzione e servizi telematici.
Phoenix Motor (OTC PINK:PEVM) anunció que su filial EdisonFuture se asoció con JustGo para lanzar un negocio de entregas comunitarias de última milla. La colaboración desplegará inicialmente 200 vehículos eléctricos EdisonFuture MEV2/LSV en el condado de Orange, California.
La alianza introduce un modelo de Electric Fleet-as-a-Service (EFaaS), con planes de evolucionar hacia un sistema de Robot Fleet-as-a-Service (RFaaS). EdisonFuture suministrará los vehículos, mantenimiento, servicio y financiación, mientras JustGo gestionará las operaciones. El MEV2/LSV incorpora una batería de 15 kWh con 120 millas de autonomía, diseñado específicamente para plataformas de entrega de comida como Uber Eats, DoorDash e Instacart.
Se esperan entregas piloto adicionales en el Q4 2025, apuntando al mercado estadounidense multimillonario de comida y entregas last-mile mediante un modelo por suscripción que combina leasing, carga, mantenimiento y servicios telemáticos.
Phoenix Motor (OTC PINK:PEVM)는 자회사 EdisonFuture가 JustGo와 협력해 라스트마일 지역 배송 사업을 시작한다고 발표했습니다. 이번 협력은 캘리포니아 오렌지카운티에 EdisonFuture MEV2/LSV 전기차 200대를 우선 배치하는 것으로 출발합니다.
이번 파트너십은 Electric Fleet-as-a-Service (EFaaS) 모델을 도입하며, 궁극적으로는 Robot Fleet-as-a-Service (RFaaS) 체계로 발전시킬 계획입니다. EdisonFuture는 차량, 정비, 서비스 및 자금을 제공하고 JustGo는 운영을 담당합니다. MEV2/LSV는 15 kWh 배터리로 120마일(약 193km) 주행거리를 갖추고 있으며, Uber Eats, DoorDash, Instacart 같은 음식 배달 플랫폼에 맞춰 설계되었습니다.
추가 파일럿 배송은 2025년 4분기(Q4 2025)에 예정되어 있으며, 리스·충전·정비·원격진단(텔레매틱스)을 결합한 구독 모델을 통해 수십억 달러 규모의 미국 음식 및 라스트마일 배송 시장을 공략할 계획입니다.
Phoenix Motor (OTC PINK:PEVM) a annoncé que sa filiale EdisonFuture s'est associée à JustGo pour lancer une activité de livraison de proximité last-mile. La collaboration déploiera initialement 200 véhicules électriques EdisonFuture MEV2/LSV dans le comté d'Orange, en Californie.
Le partenariat introduit un modèle Electric Fleet-as-a-Service (EFaaS), avec l'ambition d'évoluer vers un système Robot Fleet-as-a-Service (RFaaS). EdisonFuture fournira les véhicules, la maintenance, le service et le financement, tandis que JustGo gèrera les opérations. Le MEV2/LSV est équipé d'une batterie de 15 kWh offrant 120 miles d'autonomie, conçue spécifiquement pour les plateformes de livraison de repas comme Uber Eats, DoorDash et Instacart.
Des livraisons pilotes supplémentaires sont prévues au Q4 2025, visant le marché américain multi-milliardaire de la livraison alimentaire et last-mile via un modèle par abonnement combinant leasing, recharge, maintenance et services télématiques.
Phoenix Motor (OTC PINK:PEVM) gab bekannt, dass seine Tochtergesellschaft EdisonFuture mit JustGo eine Partnerschaft eingegangen ist, um ein lokales Last-Mile-Liefergeschäft zu starten. Die Zusammenarbeit sieht zunächst den Einsatz von 200 EdisonFuture MEV2/LSV Elektromobilen im Orange County, Kalifornien, vor.
Die Partnerschaft führt ein Electric Fleet-as-a-Service (EFaaS)-Modell ein und plant eine Weiterentwicklung zu einem Robot Fleet-as-a-Service (RFaaS)-System. EdisonFuture stellt die Fahrzeuge, Wartung, Service und Finanzierung, während JustGo den operativen Betrieb übernimmt. Das MEV2/LSV verfügt über eine 15-kWh-Batterie mit 120 Meilen Reichweite und ist speziell für Essenslieferplattformen wie Uber Eats, DoorDash und Instacart konzipiert.
Weitere Pilotlieferungen sind für Q4 2025 geplant. Ziel ist der milliardenschwere US-Markt für Lebensmittel- und Last-Mile-Lieferungen über ein abonnementsbasiertes Modell, das Leasing, Laden, Wartung und Telematikservices kombiniert.
- Entry into the growing multi-billion-dollar last-mile delivery market
- Launch of recurring revenue stream through Fleet-as-a-Service subscription model
- Strategic partnership securing initial deployment of 200 electric vehicles
- Local assembly in Anaheim facility meeting U.S. content requirements
- Initial deployment limited to Orange County region only
- Autonomous capabilities not yet implemented, requiring future development
ANAHEIM, CA / ACCESS Newswire / September 10, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM) ("Phoenix Motor" or the "Company"), leader in zero-emission commercial transportation, today announced that its wholly owned EdisonFuture subsidiary has entered into a cooperative agreement with JustGo to develop and operate a new last-mile community delivery business.
The collaboration will initially deploy a fleet of 200 EdisonFuture MEV2/LSV electric vehicles in Orange County, California. The pilot will serve as a testbed for Electric Fleet-as-a-Service (EFaaS), gradually to the upgraded Robot Fleet-as-a-Service (RFaaS) model, designed to streamline community delivery logistics. EdisonFuture will provide the vehicles, maintenance, service, and project funding, while JustGo will serve as fleet agency operator, managing daily operations and logistics.
"This agreement represents a major step for EdisonFuture in building new business models around electrification," said Denton Peng, Chairman and CEO of Phoenix Motor Inc. "By combining EdisonFuture's advanced electric vehicles and funding capacity with JustGo's operational expertise, we aim to accelerate adoption of EFaaS & RFaaS, and drive recurring revenue growth for Phoenix shareholders."
Looking ahead, the partnership envisions expanding beyond driver-based fleets to integrate robotic units and autonomous vehicles, positioning EdisonFuture and JustGo at the forefront of next-generation delivery solutions.
MEV2/LSV Platform: Built for the Gig Economy
The EdisonFuture MEV2/LSV is a California-assembled electric vehicle purpose-built for food delivery platforms such as Uber Eats, DoorDash and Instacart, as well as broader last-mile logistics. With a 15 kWh battery providing up to 120 miles of range per charge, low-speed vehicle compliance for urban and community zones, and fast-charging capability, the MEV2/LSV delivers a right-sized, cost-efficient solution for high-density delivery routes.
Final assembly is performed at Phoenix's Anaheim, California facility, allowing the MEV2/LSV to meet U.S. content and final-assembly requirements while supporting local jobs. Additional pilot customer deliveries are expected in Q4 2025, with this EdisonFuture-JustGo project serving as a high-visibility demonstration of the platform's market readiness.
Market Opportunity
The U.S. food and last-mile delivery sector represents a multi-billion-dollar growth market, with millions of drivers operating daily for gig-economy platforms and local logistics providers. Phoenix's Fleet-as-a-Service model, combining leasing, charging, maintenance, and telematics into a single subscription, aims to lower total cost of ownership while creating a recurring revenue stream for the Company.
By electrifying this rapidly expanding segment and layering in autonomous capabilities over time, EdisonFuture is positioning Phoenix Motor to capture significant share in one of the fastest-growing categories of mobility.
About Phoenix Motor Inc.
Phoenix Motor Inc. is redefining commercial transportation with smart, zero-emission electric vehicles. Through our two brands - PhoenixEV (America manufacturing for America market) and EdisonFuture (International resources for international market) - we deliver a full range of heavy-, medium-, and light-duty EVs, from transit and shuttle buses to delivery vans and trucks.
With cutting-edge electric drive systems and seamless integration of autonomous driving technologies, Phoenix is driving the future of sustainable transit, logistics, and community mobility - in the U.S. and beyond. To learn more, please visit: phoenixev.ai.
Forward-Looking Statements
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as "may," "might," "will," "intend," "should," "could," "can," "would," "continue," "expect," "believe," "anticipate," "estimate," "predict," "outlook," "potential," "plan," "seek," and similar expressions and variations or the negatives of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's current expectations and speak only as of the date of this release. Actual results may differ materially from the Company's current expectations depending upon a number of factors. These risk factors include, among others, those related to our ability to raise additional capital necessary to grow our business, operations and business and financial performance, our ability to grow demand for our products and revenue, our ability to become profitable, our ability to have access to an adequate supply of parts and materials and other critical components for our vehicles on the timeline we expect, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described in the "Risk Factors" section of the Company's annual report filed on Form 10-K filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to revise or update any forward-looking statements.
Contact:
Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
PEV@redchip.com
SOURCE: Phoenix Motor Inc.
View the original press release on ACCESS Newswire
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