Phoenix Motorcars

Phoenix Cars LLC, d.b.a. Phoenix Motorcars, is a developer of zero emission, all-electric vehicles (EV) based in Anaheim, California, United States, focused on the deployment of light- and medium-duty EVs into the fleet and transit markets. The company was founded in 2002 and became a wholly owned subsidiary of Al Yousuf LLC in 2009 and of EdisonFuture in 2020. Phoenix launched its all-electric 14-22 passenger shuttle bus with 100 mile range per charge in 2013. The bus is based on the versatile Ford E350/450 Series vehicle. Restructuring and financing On March 19, 2008, Phoenix Motorcars announced that it had completed a financing and restructuring, with Dubai, United Arab Emirates-Al Yousuf LLC, and Arlington, Virginia-based AES Corporation, as new investors, the departure of the Phoenix Motorcars’ original founders and the appointment of a new board of directors. In mid-2010, Al Yousuf LLC closed on a deal with AES Corporation that enabled Phoenix Motorcars to become a wholly owned subsidiary of Al Yousuf LLC. This led to another restructuring of Phoenix Motorcars in less than 2 years, with the company switching its focus to its 3rd generation drive system targeted for buses and trucks on the Ford E350/E450 cutaway chassis. Production