Phoenix Motor Unveils California-Assembled MEV2/LSV Delivery EV, Accelerating Entry into Fleet-as-a-Service Market
Phoenix Motor Inc. (OTC PINK:PEVM) has unveiled its new MEV2/LSV, a low-speed electric delivery vehicle designed for food delivery and last-mile logistics services. The vehicle will be assembled in Anaheim, California, with key components manufactured in Meizhou, China.
The MEV2/LSV, which forms the foundation of Phoenix's new Fleet-as-a-Service (FaaS) offering, features a 15 kWh battery pack delivering up to 120 miles of range per charge. The vehicle is electronically limited to 25 mph and includes DC fast-charging capability. Available in standard colors (red, blue, orange, and green), the vehicle can be purchased using both traditional currency and cryptocurrencies.
Production pilots are scheduled to begin in Q4 2025, with customer deliveries starting in the same quarter. The vehicle will be part of a comprehensive subscription service that includes leasing, charging, maintenance, and telematics.
Phoenix Motor Inc. (OTC PINK:PEVM) ha presentato il suo nuovo MEV2/LSV, un veicolo elettrico a bassa velocità progettato per la consegna di cibo e i servizi di logistica dell'ultimo miglio. Il veicolo sarà assemblato ad Anaheim, California, mentre i componenti principali verranno prodotti a Meizhou, in Cina.
Il MEV2/LSV, che rappresenta la base della nuova offerta Fleet-as-a-Service (FaaS) di Phoenix, è dotato di un pacco batteria da 15 kWh che garantisce un'autonomia fino a 120 miglia per carica. Il veicolo è limitato elettronicamente a 25 mph e dispone di ricarica rapida DC. Disponibile in colori standard (rosso, blu, arancione e verde), può essere acquistato sia con valuta tradizionale che con criptovalute.
Le produzioni pilota inizieranno nel quarto trimestre del 2025, con le prime consegne ai clienti previste nello stesso periodo. Il veicolo sarà incluso in un servizio di abbonamento completo che comprende leasing, ricarica, manutenzione e telematica.
Phoenix Motor Inc. (OTC PINK:PEVM) ha presentado su nuevo MEV2/LSV, un vehículo eléctrico de baja velocidad diseñado para la entrega de alimentos y servicios de logística de última milla. El vehículo se ensamblará en Anaheim, California, mientras que los componentes clave se fabricarán en Meizhou, China.
El MEV2/LSV, que es la base de la nueva oferta Fleet-as-a-Service (FaaS) de Phoenix, cuenta con una batería de 15 kWh que ofrece hasta 120 millas de autonomía por carga. El vehículo está electrónicamente limitado a 25 mph e incluye capacidad de carga rápida DC. Disponible en colores estándar (rojo, azul, naranja y verde), el vehículo puede adquirirse tanto con moneda tradicional como con criptomonedas.
Las producciones piloto están programadas para comenzar en el cuarto trimestre de 2025, con entregas a clientes en el mismo trimestre. El vehículo formará parte de un servicio de suscripción integral que incluye arrendamiento, carga, mantenimiento y telemática.
Phoenix Motor Inc. (OTC PINK:PEVM)는 식품 배달 및 라스트마일 물류 서비스를 위해 설계된 저속 전기 배송 차량인 새로운 MEV2/LSV를 공개했습니다. 이 차량은 미국 캘리포니아 애너하임에서 조립되며, 주요 부품은 중국 메이저우에서 제조됩니다.
Phoenix의 새로운 Fleet-as-a-Service(FaaS) 서비스의 기반이 되는 MEV2/LSV는 15 kWh 배터리 팩을 탑재해 1회 충전 시 최대 120마일의 주행 거리를 제공합니다. 차량은 전자적으로 시속 25마일로 제한되며 DC 고속 충전 기능을 갖추고 있습니다. 기본 색상(빨강, 파랑, 주황, 녹색)으로 제공되며, 전통적인 화폐와 암호화폐 모두로 구매할 수 있습니다.
시범 생산은 2025년 4분기에 시작될 예정이며, 고객 인도도 같은 분기에 이루어집니다. 이 차량은 리스, 충전, 유지보수, 텔레매틱스를 포함한 종합 구독 서비스의 일부가 될 것입니다.
Phoenix Motor Inc. (OTC PINK:PEVM) a dévoilé son nouveau MEV2/LSV, un véhicule électrique à basse vitesse conçu pour la livraison de nourriture et les services logistiques du dernier kilomètre. Le véhicule sera assemblé à Anaheim, Californie, avec des composants clés fabriqués à Meizhou, en Chine.
Le MEV2/LSV, qui constitue la base de la nouvelle offre Fleet-as-a-Service (FaaS) de Phoenix, est équipé d'une batterie de 15 kWh offrant jusqu'à 120 miles d'autonomie par charge. Le véhicule est limité électroniquement à 25 mph et dispose d'une capacité de recharge rapide DC. Disponible en couleurs standards (rouge, bleu, orange et vert), il peut être acheté en monnaie traditionnelle ou en cryptomonnaies.
Les productions pilotes sont prévues pour commencer au quatrième trimestre 2025, avec les livraisons aux clients durant la même période. Le véhicule fera partie d'un service d'abonnement complet incluant leasing, recharge, maintenance et télématique.
Phoenix Motor Inc. (OTC PINK:PEVM) hat sein neues MEV2/LSV vorgestellt, ein langsames elektrisches Lieferfahrzeug, das für Essenslieferungen und die letzte Meile der Logistik konzipiert ist. Das Fahrzeug wird in Anaheim, Kalifornien, montiert, während die Hauptkomponenten in Meizhou, China, hergestellt werden.
Das MEV2/LSV, das die Grundlage für Phoenix' neues Fleet-as-a-Service (FaaS)-Angebot bildet, verfügt über einen 15 kWh Batteriepack, der eine Reichweite von bis zu 120 Meilen pro Ladung ermöglicht. Das Fahrzeug ist elektronisch auf 25 mph begrenzt und verfügt über eine DC-Schnellladefunktion. Erhältlich in Standardfarben (Rot, Blau, Orange und Grün), kann das Fahrzeug sowohl mit herkömmlicher Währung als auch mit Kryptowährungen gekauft werden.
Die Pilotproduktion soll im vierten Quartal 2025 beginnen, mit Kundenlieferungen im selben Quartal. Das Fahrzeug wird Teil eines umfassenden Abonnementservices sein, der Leasing, Laden, Wartung und Telematik umfasst.
- None.
- 25 mph speed limitation restricts usage to specific zones
- Initial deliveries not starting until Q4 2025
- Dependency on Chinese manufacturing for key components
Purpose-built mini EV for food- and last-mile delivery; key sub-assemblies produced in Meizhou, China with final assembly in Anaheim, California; pilot deliveries scheduled for Q4 2025
ANAHEIM, CA / ACCESS Newswire / July 1, 2025 / Phoenix Motor Inc. (OTC PINK:PEVM), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced the launch of the PhoenixEV MEV2/LSV, a California-assembled, low-speed electric mini car/van engineered specifically for gig-economy food delivery providers such as Uber Eats, DoorDash and Instacart, as well as broader last-mile logistics operators.
The MEV2/LSV forms the cornerstone of Phoenix's new Fleet-as-a-Service (FaaS) offering, combining vehicle leasing, charging, maintenance and telematics into a single subscription designed to lower total cost of ownership for fleet operators.
"With the MEV2/LSV we are combining affordable electrification with U.S. final assembly, giving delivery fleets a sustainable, right-sized solution that can be deployed quickly and serviced locally," said Denton Peng, CEO of Phoenix Motor Inc. "This platform also paves the way for our ongoing autonomous-driving development roadmap, ultimately enabling driver-optional operation for selected applications."
Built for dense urban routes
Class / speed: Neighborhood Electric Vehicle (NEV) / Low-Speed Vehicle compliant, electronically limited to 25 mph-ideal for campus, community and downtown zones
Range & power: 15 kWh battery pack delivers up to 120 miles of real-world range per charge; DC fast-charging function available
Customization: Standard colors-red, blue, orange and green-with special-order palettes and wrap-ready panels
Digital-first commerce: Vehicles may be purchased in U.S. dollars or leading cryptocurrencies (BTC, USDT and USDC) via Phoenix's secure payment portal
Global Manufacturing, Local Assembly
High-value components-including battery modules, body stampings and e-axles-will be produced at Phoenix's Mengzhou, China facility, leveraging the Company's recently expanded Asian manufacturing footprint. Final assembly, quality assurance and pre-delivery customization will take place at Phoenix's Anaheim, California plant, allowing the MEV2/LSV to meet U.S. content and final-assembly requirements while supporting local job creation. Customer deliveries are slated to begin in Q4 2025, with production pilots starting earlier that quarter.
About Phoenix Motor Inc.
Phoenix Motor, a pioneer in the electric vehicle ("EV") industry, designs, builds, and integrates electric drive systems and manufactures heavy duty transit buses and medium and light duty commercial EVs. Phoenix operates two primary brands, "Phoenix", which is focused on commercial products including heavy and medium duty EVs (transit buses, shuttle buses, school buses and delivery trucks, among others) and "EdisonFuture", which intends to offer light-duty EVs. Phoenix endeavors to be a leading designer, developer and manufacturer of electric vehicles and electric vehicle technologies. 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:
IR@phoenixev.ai
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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