Phoenix - Proterra Transit Acquisition Presentation

Phoenix Motor Inc Business Overview - Phoenix Motor Inc is a leading manufacturer of zero-emission, commercial electric vehicles serving the North American market[5] - The company has over 40 million real world miles on heavy duty EVs and over 4 million real world miles on transit buses[5] - Phoenix Motor acquired Proterra's Transit Bus business in January 2024, becoming a leader in the electric transit bus market with over 40% market share[15] Proterra Transit Bus Business - Proterra delivered approximately 200 buses per year from 2020-2022, generating approximately $200 million in revenue per year[18] - The company has a backlog of approximately 400 buses, representing approximately $400 million in revenue[18] - Proterra has delivered over 1,000 cumulative electric transit buses since inception[21] Phoenix Motorcars - Medium Duty Electric Solutions - Phoenix Motorcars has deployed over 140 shuttle buses & trucks[46] - The company has over 50 commercial fleet customers[46] - Phoenix Motorcars has $175 million in revenue from municipalities[97] EdisonFuture – Future Products & Technology Development - EdisonFuture is developing light duty electric solar pickup trucks and vans[80] - The pickup truck roof solar panel has a solar area of 193 m^2 and a production hourly of 031 kwh[82] - The van roof solar panel has a solar area of 405 m^2 and a production hourly of 065 kwh[85]