Phoenix Motor Inc, a California-based electric vehicle manufacturer, has signed an agreement to take over more than 1.6 million square feet of existing EV production facilities in Chinaâs Henan Province. The facilities will be used to manufacture the companyâs EdisonFuture-branded EVs for Latin American and other global markets, under a ten-year rent-free agreement.
The production site will support the assembly of Phoenixâs EF2 and EF3 electric SUVs, as well as the MEV1, MEV2, and MEV3 compact city EVs. It will also serve as a hub for producing EV components for the companyâs operations in the United States, including its facilities in Anaheim, California and Greenville, South Carolina.
âThis partnership represents a significant expansion of our global manufacturing infrastructure and a pivotal step in Phoenixâs international growth strategy,â said Denton Peng, CEO of Phoenix Motor. âWith this addition, Phoenix now operates close to 2 million square feet of EV manufacturing capacity worldwide, reinforcing our ability to meet accelerating demand from both the US and global markets.â
The agreement was signed with Chinese electric vehicle firms Shandong Maolin Sida Automobile Co and Mengzhou Enbowei Automobile. As part of the deal, Phoenix Motor will establish a new subsidiary in Mengzhou to oversee operations. The terms also grant Phoenix the option to acquire a majority stake in Enbowei after five years.
While Phoenix also produces light and medium-duty commercial EVs under the Phoenix brand, the Henan facility is not currently intended for their assembly. However, selected components for those vehicles will be produced at the new site. Earlier this month, the company introduced the MEV2/LSV, a low-speed EV tailored for food delivery, which will be assembled in California and offered through a subscription-based Fleet-as-a-Service model targeting last-mile logistics operators such as Uber Eats and DoorDash.
The latest expansion underlines Phoenix Motorâs ambition to grow its presence in international markets while building scalable production capacity to meet rising global demand for electric vehicles.