Phoenix Motor Launches Integrated AI Infrastructure Platform to Power the Next Generation AI Economy

ANAHEIM, Calif., July 1, 2026 — Phoenix Motor Inc. (OTC: PEVM), through its EdisonFuture subsidiary, today announced the launch of its integrated AI Infrastructure Platform, bringing together the Company's recently introduced AI PowerPod™, GridStor™ Energy Storage Systems, EF-20NG AI Power Campus™, and distributed energy technologies into a unified infrastructure ecosystem designed to support the rapidly expanding artificial intelligence economy.

The announcement follows the Company's recent launches of its GridStor™ utility-scale battery energy storage platform, EF-20NG AI Power Campus™ modular power generation platform, and AI PowerPod™ modular AI infrastructure platform, creating an integrated technology stack designed to address one of the most critical constraints facing artificial intelligence growth: access to reliable, scalable, and rapidly deployable power infrastructure.

Integrated Power. Intelligent Energy. Scalable AI Infrastructure.

A unified portfolio of power generation, energy storage, and modular infrastructure solutions designed to accelerate AI deployment anywhere.

"The next wave of AI growth may ultimately be constrained not by chips, but by power," said Denton Peng, Chief Executive Officer of Phoenix Motor Inc.

"Our vision is to build the infrastructure foundation that enables AI deployment anywhere. By integrating power generation, energy storage, microgrids, and AI-ready infrastructure into a unified platform, we believe Phoenix Motor can help customers accelerate AI deployment timelines while improving reliability and reducing development risk."

"We believe the convergence of artificial intelligence, energy, and digital infrastructure represents one of the most significant industrial transformation opportunities of the coming decade, and Phoenix Motor intends to establish itself as a provider of integrated AI infrastructure solutions across North America."

EF-20NG AI Power Campus™ provides customers with an alternative to lengthy utility interconnection timelines while delivering reliable and scalable power for mission-critical AI applications.

About EdisonFuture

EdisonFuture develops intelligent energy and mobility solutions designed for the next generation of infrastructure. The company focuses on AI infrastructure power systems, distributed energy resources, sustainable transportation technologies, and advanced industrial solutions. For more information, visit www.edisonfuture.com.

About Phoenix Motor Inc.

Phoenix Motor Inc. (OTC: PEVM) is a technology-driven company focused on three strategic growth pillars:

• Intelligent Transportation
• AI Infrastructure
• Sustainable Energy

Through its subsidiaries, including PhoenixEV, Phoenix Motorcars, EdisonFuture, and Phoenix Motor AI, the Company develops technologies that support the future of transportation, energy, and artificial intelligence infrastructure.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially. Except as required by law, the Company undertakes no obligation to update any forward-looking statements.