About Phoenix Motorcars
Phoenix Motorcars is a company based in Ontario (United States) founded in 2002 was acquired by Al Yousuf in June 2010.. The company has 159 employees as of December 31, 2024. Phoenix Motorcars offers products and services including ZX5 Transit Bus, Z-400 Shuttle Bus, Z-500 Service Truck, Z-500 Box Truck, and Z-500 Flatbed Truck. Phoenix Motorcars operates in a competitive market with competitors including Ayro, Waev, MOKE International, Addax Motors and evTS, among others.
- Headquarter Ontario, United States
- Employees 159 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Phoenix Motor Inc.
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IPO & Listings of Phoenix Motorcars
Phoenix Motorcars is a publicly listed company on the OTC with ticker symbol PEVM in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Phoenix Motorcars
Phoenix Motorcars offers a comprehensive portfolio of products and services, including ZX5 Transit Bus, Z-400 Shuttle Bus, Z-500 Service Truck, Z-500 Box Truck, and Z-500 Flatbed Truck. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Zero-emission electric bus for public and urban transportation needs.
Electric shuttle for airport and corporate transport services.
Medium-duty electric truck for utility and maintenance tasks.
Electric box truck for delivery and logistics operations.
Electric flatbed for hauling and industrial applications.
Electric dump truck for construction and material transport.
Zero-emission electric bus for student and community transport.
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Funding Insights of Phoenix Motorcars
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Post-IPO - Phoenix Motorcars | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Phoenix Motorcars
Phoenix Motorcars has secured backing from 1 investor. Prominent investors backing the company include Al Yousuf. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified conglomerate operating across multiple industries
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Phoenix Motorcars
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Phoenix Motorcars
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Phoenix Motorcars Comparisons
Competitors of Phoenix Motorcars
Phoenix Motorcars operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ayro, Waev, MOKE International, Addax Motors and evTS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric utility vehicles are manufactured for various sectors by Ayro.
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| domain | founded_year | HQ Location |
Blockchain platform for secure data storage and sharing is offered.
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| domain | founded_year | HQ Location |
Developer of electric utility vehicles
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| domain | founded_year | HQ Location |
Electric utility vehicles are developed for urban and industrial applications.
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| domain | founded_year | HQ Location |
Manufacturer of commercial utility vehicles and cloud-enabled fleet management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Phoenix Motorcars
Frequently Asked Questions about Phoenix Motorcars
When was Phoenix Motorcars founded?
Phoenix Motorcars was founded in 2002 and raised its 1st funding round 21 years after it was founded.
Where is Phoenix Motorcars located?
Phoenix Motorcars is headquartered in Ontario, United States. It is registered at Ontario, California, United States.
Who is the current CEO of Phoenix Motorcars?
Emad Fakhoury is the current CEO of Phoenix Motorcars.
How many employees does Phoenix Motorcars have?
As of Dec 31, 2024, the latest employee count at Phoenix Motorcars is 159.
What is the annual revenue of Phoenix Motorcars?
Annual revenue of Phoenix Motorcars is $31.15M as on Dec 31, 2024.
What does Phoenix Motorcars do?
Phoenix Motorcars was founded in 2002 and is based in Ontario, United States. Operations focus on the electric vehicle sector, where light and medium-duty all-electric vehicles are developed for commercial and government fleet customers. Products including vehicles, forklifts, and chargers are offered as part of the platform. Services target fleet electrification needs in the transportation industry.
Who are the top competitors of Phoenix Motorcars?
Phoenix Motorcars's top competitors include Ayro, MOKE International and Addax Motors.
What products or services does Phoenix Motorcars offer?
Phoenix Motorcars offers ZX5 Transit Bus, Z-400 Shuttle Bus, Z-500 Service Truck, Z-500 Box Truck, and 3 more products and services.
Is Phoenix Motorcars publicly traded?
Yes, Phoenix Motorcars is publicly traded on OTC under the ticker symbol PEVM.
Who are Phoenix Motorcars's investors?
Phoenix Motorcars has 1 investor. Key investors include Al Yousuf.
What is Phoenix Motorcars's ticker symbol?
The ticker symbol of Phoenix Motorcars is PEVM on OTC.