Phoenix’s EdisonFuture Launches Alkaline Electrolyzer for Green Hydrogen Creation & Appoints Wu as VP of Small business Improvement

ANAHEIM, CA / ACCESSWIRE / November 13, 2023 / Phoenix Motor Inc. (Nasdaq:PEV) (“Business” or “Phoenix”), a main electrification remedies service provider for medium-duty automobiles, right now declared that its EdisonFuture subsidiary has introduced a new Alkaline Electrolyzer answer, in addition to its current Proton Trade Membrane (PEM), for the output of environmentally friendly hydrogen items. The item start supports the Company’s ongoing motivation to advancing renewable electricity and the changeover to a carbon-neutral modern society. In the meantime, Fengping Wu was appointed Vice President of Enterprise Growth and will lead the EdisonFuture Hydrogen small business improvement workforce dedicated to delivering renewable electricity options and items to more buyers.

The company’s alkaline electrolyzers encompass a hydrogen manufacturing selection spanning from 100 to 1200 Nm3/h, accomplishing a purity stage of 99.999%. Recognized for their robustness, light-weight building, and prolonged operational lifespan, these solutions continually show stability and trustworthiness. Their seamless integration with renewable vitality resources facilitates the provision of clean hydrogen to customers, thereby producing a substantial contribution to the mitigation of their carbon footprint.

We are happy to launch our new alkaline electrolyzer alternatives in addition to our previously launched PEM alternatives, and increase the achieve of thoroughly clean, renewable electricity. Hydrogen is a vital element in the changeover to a carbon-totally free modern society, and we believe that these technologies will make an essential contribution to this effort,” mentioned Denton Peng, Chairman and CEO of Phoenix Motorcars. We are at this time in the web site range process for a U.S. production facility for our new line of electrolysis goods and seem ahead to continuing our commitment to generating a additional sustainable upcoming. The introduction of our new line of U.S.-produced electrolysis answers strategically positions us to capitalize on the growing hydrogen market. We glimpse ahead to offering updates in the coming months on this remarkable addition to our assorted and expansive range of renewable electricity answers.”

Mr. Fengping Wu provides sizeable experience in promoting hydrogen and gasoline cell systems and products. His expertise consists of a deep comprehending of the sector and past practical experience in enterprise improvement. Beforehand, Mr. Wu was co-founder at Nulyzer Inc, exactly where he accredited major engineering to incubate the company, and built interactions with buyers and business enterprise companions on pilot tests and collaboration. Fengping also beforehand served as Senior Director of Enterprise Advancement at Mpower Innovation, as Partner at World Cleantek Bridge, as Enterprise Director at Calwave Technologies, amid other roles with business top organizations. Mr. Wu attained his Grasp of Organization Administration (MBA) from the College of North Carolina.

“We are enthusiastic to appoint Fengping to lead our hydrogen company progress team,” Mr. Peng continued. “His prosperity of encounter ought to establish a must have as we look for to constantly increase our renewable power answers for inexperienced hydrogen output and introduce new goods to the current market.”

About Phoenix Motor Inc.

Phoenix Motor Inc., a pioneer in the electric powered vehicle (“EV”) field, styles, builds, and integrates electrical travel techniques and light-weight and medium obligation EVs and sells electric forklifts and electric powered car chargers for the industrial and residential markets. Phoenix operates two main makes, “Phoenix Motorcars”, which is focused on industrial goods including medium duty EVs (shuttle buses, college buses, municipal transit autos and delivery trucks, among many others), electrical auto chargers and electric powered forklifts, and “EdisonFuture”, which intends to present light-obligation EVs. Phoenix endeavors to be a major designer, developer and maker of electric powered autos and electric powered car or truck systems. For extra data, you should go to:

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Trader Relations

Mark Hastings, Senior Vice President of Corporate Advancement & System/Head of Investor Relations
marketing and [email protected]

Supply: Phoenix Motorcars Inc.

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