Phoenix Motor Inc. · OTC:PEVM
Phoenix Motor — IPO Roadshow (June 2022)
24 slides from Phoenix Motor's IPO roadshow presentation, Jun 1, 2022
Slide 1: Phoenix Motor Inc. Investor Presentation, May 2022
Filed Pursuant to Rule 433 of the Securities Act of 1933 Issuer Free Writing Prospectus dated May 31, 2022 Relating to the Preliminary Prospectus dated May 24, 2022 Registration No. 333-261384 PHOENIX MOTOR INC. Investor Presentation, May 2022
Slide 2: Disclaimer & Safe Harbor Statement
DISCLAIMER & SAFEHARBOR STATEMENT We have previously filed a registration statement on Form S-1 (including a preliminary prospectus) with the Securities and Exchange Commission (the “SEC”) for the offering to which this presentation relates. The registration statement has not yet become effective. B
Slide 3: Table of Contents
Table of Contents■ Investment Highlights 7 ■ Industry Overview 8 ■ Products & Services 10 ■ Growth Strategies 21 ■ Financials 23 ■ Appendix 26Phoenix Motor Inc. | Page 3
Slide 4: Preliminary Offering Summary
Preliminary Offering SummaryIssuer Listing / Ticker Offering Type Base Offering Over-Allotment Option Price Use of ProceedsLock-up1 Underwriter(s)• Phoenix Motor Inc. • NASDAQ: PEV • Initial Public Offering • 2,500,000 Shares of Common Stock • 375,000 Shares of Common Stock (15% of base offering) •
Slide 5: Executive Summary: Who We Are
Executive Summary: Who We AreTWO BRANDSCOMMERCIAL VEHICLES• Established in 2003, approaching 20 years of EV experience • 50+ customers and over 100 vehicles deployed • Over 3 million miles on the roadLIGHT DUTY VEHICLES• Company launched in 2020 - Pickup Truck and Delivery Vans • Pickup Truck and De
Slide 6: Where Do We Want To Be
Where Do We Want To BeTo Be An Industry Leader in Sustainable Transportation with Focus on Developing• Intelligent• Energy Efficient• Innovative DesignPICKUP TRUCKSLAST MILE DELIVERYCITY DELIVERYWORK TRUCKSSCHOOL BUSESSHUTTLE BUSESPhoenix Motor Inc. | Page 6
Slide 7: Investment Highlights
Investment Highlights1 The company is well-positioned in the fast-growing commercial electric bus and delivery truck segment2 The company has a long history of making and delivering completed products3 The company has patent applied for technologies in new generation of pickup & delivery vans4 The c
Slide 8: We are an Industry Pioneer Developing Consumer and Commercial EVs
We are an Industry Pioneer Developing Consumer and Commercial EVs2003Founded in 2003 in California2007Phoenix all-electric pickup truck showcased to President George W Bush at the White House in February 20072010Developing cutting edge zero emission drivetrains for medium duty vehicles20151st all-el
Slide 9: We Offer a Comprehensive Product & Service Line
We Offer a Comprehensive Product & Service LineCommercialMedium Duty EVs Industry Leading All-Electric Trucks, Shuttle Buses & School Buses2022 2023 2024 & BeyondGROUND-UP CHASSIS & PLATFORMElectric Forklifts Affordable, lithium-ion electric forklifts with best-in-class warrantySMART WAREHOUSE SOLUT
Slide 10: We Are Focused On Light Duty Electric Solar Pickup Trucks
We Are Focused On Light Duty Electric Solar Pickup TrucksSolar Charging PowerPICKUP TRUCK Solar AreaProduction Hourly(kwh)Pickup truck roof solar panel1.93 0.31• Modern and sophisticated exterior • Retractable Solar Bed Cover, Solar Roof • Interior Solar MosaicPickup truck armadillo solar panel1.95
Slide 11: Our Light Duty Electric Solar Vans Have Unique Features
Our Light Duty Electric Solar Vans Have Unique FeaturesSolar Charging PowerInnovative Flex Platform Multiple wheelbase and body configurationsVAN Solar Area (m^2)Production Hourly(kwh)Van roof solar panel 4.05 0.65• Flexible Configurations including multiple wheelbase and roof height options• Develo
Slide 12: Our All-electric Medium Duty Vehicles Are Built In the USA
Our All-electric Medium Duty Vehicles Are Built In the USA3,000,000+ Miles Driven100+ Shuttle Buses & Trucks Deployed50+ Commercial Fleet CustomersWide range of customers across airport parking, hotels, campuses, cities, municipalities, ports, micro-transit services and dial-a-ride applicationsZEUS
Slide 13: We Make and Develop Medium Duty EVs
We Make and Develop Medium Duty EV’sGEN-1 Electric Drivetrain Mated to Conventional Chassis & Gear BoxGEN-2 Electric Drivetrain On Conventional Chassis with Direct DriveGEN-3 Modular Battery Packs with Liquid Cooling – Up to 160 mile rangeGEN-4 Significant Cost Efficiencies Supporting Volume GrowthG
Slide 14: We Offer One Stop Shop Solution: EV Charging
We Offer One Stop Shop Solution: EV ChargingRange of Products & ServicesOffering a one-stop-solution to customers while leveragingL2 EV Chargers (AC Charging)ChaaS Charging-as-a-ServiceDC Fast Charger (DC Charging)Maintenance & Aftersales SupportSaaS Cloud Based PlatformINFRASTRUCTURE BILL Federal G
Slide 15: The Key to Our Success: Asset Light Production Model and Process
The Key to Our Success: Asset Light Production Model and ProcessMaximize Current Capacity Maximize output at current Anaheim, CA location through process optimizationLeverage Other Facilities Leverage other facilities to increase output capacity through 2022 and beyondWith focus upfront on the manuf
Slide 16: Our Ground Up Medium Duty Electric Chassis Development
Our Ground Up Medium Duty Electric Chassis Development – Improved Cost, Efficiency, Performance and Manufacturing Volumes - Enable Mass AdoptionMODULAR ENERGY ON DEMAND ▪ Base battery + Modular Extender Battery ▪ Fuel Cell range extender – Post launchCHARGING DIVERSITY ▪ Level 2 ▪ Level 3 CCS ▪ Wire
Slide 17: Our Platform Based Light Duty Product Roadmap
Our Platform Based Light Duty Product Roadmap1) PLATFORM2) PRODUCTS• Flexible Configurations including multiple wheelbase and roof height options • Developing Point2Point Autonomous DrivingPICKUP Consumer & Commercial Markets▪ Maximize part commonality, including powertrain, energy storage and chass
Slide 18: Core Technology Aligned With Asset Light Strategy
Core Technology Aligned With Asset Light StrategyE DRIVE TECH Integrating best of breed componentry with proprietary systemsENERGY STORAGE Modular energy on demandCONNECTED CLOUD AI Powered SolutionsINTELLIGENT AND AUTOMATED DRIVING Vehicle Efficiency & Progressive AutomationEXPERIENCE AND CONNECTED
Slide 19: Professional Management Team with Cross-industry Experience
Professional Management Team with Cross-industry ExperienceDr. Lance Zhou CEO 30 years auto industry veteran. Former CEO of Karma Automotive; Former CEO and President of Beijing Foton-Daimler Automotive, and level 1 VP of Daimler Global; CEO of Naveco. PhD from Nanjing University of Science and Tech
Slide 20: Financial Highlights
Financial Highlights5,000 4,000 3,000 2,000 1,000 0Net revenue ($ thousand) 4,509 3,9902,9770 (100) (200) (300) (400) (500) (600)Gross loss ($ thousand) 2019 2020 2021(298) (421) (563)0(5,000)(10,000)(15,000)Net loss ($ thousand） 2019 2020 2021(5,973) (4,665)(14,605)2019 2020 2021(20,000)25,000 20,0
Slide 21: Our Strong Backlog Orders Enhance Our Earnings Visibility
Our Strong Backlog Orders Enhance Our Earnings VisibilityCurrent customers for our ZEUS line of shuttle buses and Class 4 trucksCustomer BaseMajor Airports Airport Shuttle Hotel Chains Seaports Universities Municipalities Corporations63 ORDERS 63 Backlog Orders as of December 31, 202137 VEHICLES Con
Slide 22: Investment Recap
Investment Recap1 The company is well-positioned in the fast-growing commercial electric bus and delivery truck segment2 The company has a long history of making and delivering completed products to total satisfaction of customers3 The company has patent applied for technologies in new generation of
Slide 23: Contact
phoenixmotorcars.comedisonfuture.comDr. Lance Zhou CEO lancez@phoenixmotorcars.comChris Wang CFO chrisw@phoenixmotorcars.comDenton Peng Chairman denton.peng@spigroups.comRandy Conone SVP Investor Relations & Finance randy.conone@spigroups.comPhoenix Motor Inc. | Page 23
Slide 24: Appendix: Board of Directors
APPENDIXBoard of DirectorsDenton Peng 20 years of Renewable Energy industry experience in solar, battery storage, EV and EV charging. Beijing University Guanghua School of Management.Dr. Lance Zhou 30 years auto industry veteran. Former CEO of Karma Automotive; Former CEO and President of Beijing Fo