Phoenix Motorcars
Encyclopedia
Phoenix MC, Inc. is a privately held Delaware corporation headquartered in Ontario, California
, that does business as Phoenix Motorcars. The Company develops full-size, freeway speed electric vehicle
s. Similar to other automotive manufacturers, Phoenix Motorcars partners with other corporations for the development and manufacture of key vehicle components, such as vehicle bodies, battery packs and drive-train components. The Company has announced battery supply agreements with both with Altair Nanotechnologies, Inc. and Electrovaya
Inc. Phoenix's products are based on the SsangYong Actyon
and the Actyon Sports variant.
, Virginia
-based AES Corporation
, as new investors, the departure of the Phoenix Motorcars’ original founders and the appointment of a new board of directors.
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. This led to another restructuring of Phoenix Motorcars in less than 2 years, however Bryon Bliss (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 costumers in late 2011.
. 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. Phoenix Motorcars has taken orders for its SUTs for delivery to corporate and government fleet customers.
. Similar to its SUT, the Company’s SUV is anticipated to be a four-passenger full-size, all-electric, freeway speed SUV, which will have a range of over 100 miles (160 km) miles and the ability to fast-recharge in under 10-minutes. Development on the SUV has been halted as of 2010, to focus on the development and release of the SUT.
competition.
.
beginning in 2009.
Ontario, California
Ontario is a city located in San Bernardino County, California, United States, 35 miles east of downtown Los Angeles. Located in the western part of the Inland Empire region, it lies just east of the Los Angeles county line and is part of the Greater Los Angeles Area...
, that does business as Phoenix Motorcars. The Company develops full-size, freeway speed electric vehicle
Electric vehicle
An electric vehicle , also referred to as an electric drive vehicle, uses one or more electric motors or traction motors for propulsion...
s. Similar to other automotive manufacturers, Phoenix Motorcars partners with other corporations for the development and manufacture of key vehicle components, such as vehicle bodies, battery packs and drive-train components. The Company has announced battery supply agreements with both with Altair Nanotechnologies, Inc. and Electrovaya
Electrovaya
Electrovaya Inc. is a developer and manufacturer of portable power solutions, especially a Lithium-ion battery. They also manufacture tablet computers...
Inc. Phoenix's products are based on the SsangYong Actyon
SsangYong Actyon
The SsangYong Actyon is a series of compact crossover SUV that replaced the SsangYong Korando and SsangYong Musso Sports and is available as either Coupe Sports or Sports Utility Truck ....
and the Actyon Sports variant.
Restructuring and financing
On March 19, 2008, Phoenix Motorcars announced that it had completed a financing and restructuring, this let Phoenix Motorcars slay alive as a automotive company. Dubai-based Al Yousuf LLC, and ArlingtonArlington County, Virginia
Arlington County is a county in the Commonwealth of Virginia. The land that became Arlington was originally donated by Virginia to the United States government to form part of the new federal capital district. On February 27, 1801, the United States Congress organized the area as a subdivision of...
, Virginia
Virginia
The Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...
-based AES Corporation
AES Corporation
AES Corporation is a Fortune 500 company that generates and distributes electrical power. The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant from the US Federal Energy Administration and Dennis Bakke from the Office of Management and Budget. AES Corporation is...
, as new investors, the departure of the Phoenix Motorcars’ original founders and the appointment of a new board of directors.
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. This led to another restructuring of Phoenix Motorcars in less than 2 years, however Bryon Bliss (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 costumers in late 2011.
Phoenix SUT
Phoenix Motorcars has announced plans to introduce an all-electric sports utility truck (SUT) based on the SsangYong Actyon SportsSsangYong Actyon
The SsangYong Actyon is a series of compact crossover SUV that replaced the SsangYong Korando and SsangYong Musso Sports and is available as either Coupe Sports or Sports Utility Truck ....
. 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. Phoenix Motorcars has taken orders for its SUTs for delivery to corporate and government fleet customers.
Phoenix SUV
Phoenix Motorcars announced plans to introduce an all-electric sports utility vehicle (SUV ) based on the SsangYong ActyonSsangYong Actyon
The SsangYong Actyon is a series of compact crossover SUV that replaced the SsangYong Korando and SsangYong Musso Sports and is available as either Coupe Sports or Sports Utility Truck ....
. Similar to its SUT, the Company’s SUV is anticipated to be a four-passenger full-size, all-electric, freeway speed SUV, which will have a range of over 100 miles (160 km) miles and the ability to fast-recharge in under 10-minutes. Development on the SUV has been halted as of 2010, to focus on the development and release of the SUT.
Plug-in hybrids
Phoenix Motorcars has announced plans to produce a plug-in series-hybrid (a plug-in hybrid) vehicle which will use technology developed for its existing all-electric SUT and SUV vehicle platforms.Production
They have entered their vehicles into the Progressive Automotive X PrizeAutomotive X Prize
The Progressive Insurance Automotive X PRIZE was a set of competitions, programs and events, from the X Prize Foundation to "inspire a new generation of super-efficient vehicles that help break America's addiction to oil and stem the effects of climate change." Progressive Insurance was the title...
competition.
Zero Emission Vehicle credits
Phoenix Motorcars anticipates selling zero emission vehicle (ZEV) credits, generated from the sale of its zero emission vehicles, to large vehicle manufacturers to help defray the high costs associated with the research and development of its products, an approach already tested by fellow EV-manufacturer Tesla MotorsTesla Motors
Tesla Motors, Inc. is a Silicon Valley-based company that designs, manufactures and sells electric cars and electric vehicle powertrain components. It was the only automaker building and selling a zero-emission sports car, the Tesla Roadster, in serial production...
.
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, and announced a plan to introduce all-electric vehicles and an electric vehicle infrastructure to the island of MauiMaui
The island of Maui is the second-largest of the Hawaiian Islands at and is the 17th largest island in the United States. Maui is part of the state of Hawaii and is the largest of Maui County's four islands, bigger than Lānai, Kahoolawe, and Molokai. In 2010, Maui had a population of 144,444,...
beginning in 2009.