Phoenix Motor Inc.

PEVM Cars & EVs

Makes electric transit buses and medium-duty trucks for public transit agencies.

Sep 2025Revenue $14.6M/yrExpenses $25.3M/yr
No trendCash runway ≈ 1 month from Sep 2025
Figures by year

When will Phoenix Motor be profitable?

Its figures don’t show a steady enough trend to project a date. In the 12 months to Sep 2025, revenue was $14.6M and expenses $25.3M.

Fiscal year toRevenueExpensesOperating profit
Dec 2024$31.2M$62.1M−$31.0M
Dec 2023$3.12M$23.6M−$20.5M
Dec 2022$4.33M$17.5M−$13.2M
Dec 2021$2.98M$17.3M−$14.3M