EdisonFuture Launches GridStor™ Battery Energy Storage

ANAHEIM, Calif., June 22, 2026 — Phoenix Motor Inc. (OTC: PEVM), through its EdisonFuture AI division, today announced the launch of EdisonFuture GridStor™, a fully integrated utility-scale Battery Energy Storage System (BESS) designed to support the rapidly growing energy demands of AI infrastructure, data centers, industrial facilities, EV charging networks, and distributed energy applications.

The launch of GridStor™ represents an important milestone in Phoenix Motor's strategy to build an integrated AI infrastructure and energy platform that combines AI computing, energy storage, distributed generation, and intelligent energy management solutions.

As artificial intelligence adoption accelerates worldwide, developers and operators of AI facilities face increasing challenges related to power availability, grid constraints, energy reliability, and deployment timelines. GridStor™ is engineered to help address these challenges through scalable, intelligent, and rapidly deployable energy storage infrastructure.

GridStor™ 5MWh Specifications

Energy Capacity: 5.0 MWh
Power Output: 2.5 MW
Battery Chemistry: LFP
Cooling: Liquid Cooling
Protection Rating: IP55
Safety: Multi-layer Fire Protection
Certifications: UL, NFPA, IEC, CE

Designed for a Wide Range of Applications

AI Data Centers — supports AI compute clusters, inference workloads, and EdisonFuture AI PowerPod™ deployments.
Industrial Manufacturing — backup power, energy optimization and operational continuity.
EV Charging Infrastructure — peak load management, energy arbitrage and grid stabilization.
Utility & Microgrid Projects — renewable integration, grid resiliency and distributed energy deployment.
Commercial & C&I Facilities — lower electricity costs while improving sustainability and energy security.

Executive Commentary

"The future of AI infrastructure depends not only on compute power but also on access to reliable and scalable energy," said Denton Peng, Chief Executive Officer of Phoenix Motor Inc.

"GridStor™ addresses one of the most significant challenges facing AI deployment today by providing intelligent energy storage solutions that can be rapidly deployed alongside AI PowerPod™ systems, industrial facilities, EV charging infrastructure, and distributed energy projects. We believe GridStor™ will become a foundational component of the next generation of AI infrastructure."

Building an Integrated AI Infrastructure Platform

GridStor™ is a core component of Phoenix Motor's expanding AI infrastructure strategy, designed to operate seamlessly alongside:

EdisonFuture AI PowerPod™
Natural Gas Generation Systems
Renewable Energy Assets
EMS & DCIM Platforms
Distributed Energy Resources (DERs)

Together, these technologies form a flexible and scalable infrastructure platform capable of supporting AI campuses ranging from 1MW edge deployments to 100MW+ AI infrastructure projects.

About EdisonFuture AI

EdisonFuture AI, a division of Phoenix Motor Inc. (OTC: PEVM), develops integrated solutions across AI infrastructure, distributed energy, intelligent mobility, and advanced energy technologies — combining AI Compute, Energy Storage, Distributed Power and Intelligent Controls to accelerate the deployment of AI-driven infrastructure worldwide.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially. Except as required by law, the Company undertakes no obligation to update any forward-looking statements.