ONTARIO, CA / ACCESSWIRE / June 9, 2021 / Phoenix Motorcars, headquartered in California, a subsidiary of SPI Energy Ltd. (NASDAQ: SPI), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions to business, residential, government, logistics, utility customers and investors, began mass production of its first third generation powertrain products. The first three units were recently completed in Ontario and are ready for delivery to customers.
Phoenix Motorcars is one of the first medium-duty manufacturers of electric vehicles, celebrating over 2.3 million electric miles and having over 45 fleet customers. Phoenix launched its first electric powertrain in 2009 and sold its first commercial electric vehicle in 2014. The shuttles and trucks were built on the industry-leading Ford E-450 platform. After the first-generation powertrain, Phoenix Motorcars has improved its technology a little and today announced the completion and production of its third-generation powertrain for the service truck configuration.
The third generation has the largest battery pack and longest range currently available in Class 4 vehicles and is suitable for an expanded range of body types to serve a wide range of customers. These include shuttle buses, service trucks, commercial vehicles, flatbed trucks, freight trucks and delivery options. The new liquid-cooled battery pack is modular and available in configurations of 63, 94, 125 and 156 kWh and offers customers flexibility in terms of range, seat and payload capacity and price.
“With the launch of our third generation, we are confident that we can offer the best and most customizable options to our extensive roster of customers, including fleets from municipalities, cities, transit companies, airports, parking companies, universities and corporate premises. The great team here at Phoenix has worked incredibly hard to deliver this world-class product and inspire the transition to commercial electrification. We look forward to continued growth and expansion of our product lines with the support of SPI, “said Joe Mitchell, CEO of Phoenix Motorcars.
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About Phoenix Motorcars
Phoenix Motorcars is a leader in developing medium-duty electric vehicles for the commercial market with a focus on Class 3 and 4 vehicles. Phoenix Motorcars is committed to providing fleets with clean transportation and renewable energy through advanced technology solutions and continues to be committed to excellence in innovation of electric vehicles. Phoenix Motorcars offers a range of vehicle configurations including shuttles, utility vehicles, service trucks, pickup trucks, walk-in vans, trucks and school buses. Further information is available at www.phoenixmotorcars.com
About SPI Energie
SPI Energy Co., Ltd. (SPI) is a global renewable energy company providing solar storage and electric vehicle (EV) solutions to business, residential, government, logistics and utility customers and investors. The company provides a full range of EPC services to third party project developers and develops, owns and operates solar projects that sell electricity to the grid in several countries including the US, UK, Greece, Japan and Italy. The company is headquartered in Santa Clara, California, and has global offices in Asia, Europe, North America and Australia. SPI also targets strategic investment opportunities in green industries such as battery storage and charging stations, leveraging the company’s expertise and growing cash flow base from solar projects, and funding the development of projects in agriculture and other markets with significant growth potential.
For more information about SPI Energy and its subsidiaries, the company encourages shareholders, investors and other interested parties to read the company’s public filings and press releases available under the Investor Relations section of www.SPIgroups.com or www.sec.gov are .
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Litigation Reform Act of 1995 that involve significant risks and uncertainties. Forward-looking statements can be made possible through the use of words such as “could”, “could”, “will”, “intend”, “should”, “could”, “may”, “would”, “expect”, “believe” , “anticipate,” “estimate,” “predict,” “look out,” “potentially,” “plan,” “seek” and similar expressions and variations or the negatives of these terms or other similar terminology Readers are cautioned not to rely on Please leave these forward-looking statements, which reflect the company’s current expectations and speak only as of the date of this release. Actual results could differ materially from current expectations of the company based on a number of factors, including but not limited to the coronavirus (COVID -19) and the impact of the outbreak and related measures, adverse changes in general economic and market conditions, competitive factors including, but not limited to Price pressures and new product launches, uncertainty over customer acceptance of new products t offers and market changes, risks associated with managing business growth and other risks and uncertainties set out in the “Risk Factors” section of the company’s Annual Report on Form 20-F filed with Securities and Exchange Commission. Unless required by law, the company assumes no responsibility to revise or update forward-looking statements.
CONTACT:
SPI Energy Co., Ltd.
IR department
Email: [email protected]
SOURCE: SPI Energy Co., Ltd.
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