Name | Value |
---|---|
Revenues | 12.0M |
Cost of Revenue | 10.2M |
Gross Profit | 1.8M |
Operating Expense | 8.9M |
Operating I/L | -7.1M |
Other Income/Expense | -0.8M |
Interest Income | 0.0M |
Pretax | -7.9M |
Income Tax Expense | 5.7M |
Net Income/Loss | -13.6M |
Phoenix Motor Inc. specializes in designing, assembling, and integrating electric drive systems and light and medium duty electric vehicles, including buses and trucks. The company targets various commercial fleet markets, such as city fleets, campuses, municipalities, and transit agencies, offering electric vehicles for airport shuttles, hotel chains, transit fleet operators, seaports, last-mile delivery fleets, and large corporations. Additionally, it sells electric vehicle chargers for commercial and residential markets, and provides L2 and DC fast-charging solutions to fleet customers at the point of sale for fleet vehicles.