Phoenix Motor Inc. Announces Launch of Phoenix Motor AI and Participation in Databricks Data + AI Summit 2026

ANAHEIM, Calif., June 15, 2026 — Phoenix Motor Inc. (OTC: PEVM) (“Phoenix Motor” or the “Company”), a company focused on intelligent transportation and sustainable energy solutions, today announced the launch of Phoenix Motor AI, a new business unit dedicated to AI infrastructure, distributed computing systems, industrial AI applications, and energy solutions supporting next-generation artificial intelligence workloads.

The Company also announced its participation in the Databricks Data + AI Summit 2026, taking place June 15–18, 2026 in San Francisco, California, where it will engage with leading AI ecosystem participants, including hyperscalers, data platform providers, GPU infrastructure companies, enterprise AI developers, and data center operators.

Strategic Expansion into the AI Infrastructure Economy

Phoenix Motor believes the rapid expansion of artificial intelligence is creating a structural demand for new types of infrastructure that integrate:

• Compute (AI inference and training capacity)
• Energy (distributed power and storage systems)
• Physical deployment environments (edge and industrial locations)

Building on its existing capabilities in electric vehicles, fleet electrification, battery systems, and energy integration, the Company is positioning Phoenix Motor AI to evaluate opportunities across the emerging AI infrastructure value chain.

Phoenix Motor AI Business Unit

Phoenix Motor AI will serve as the Company's dedicated platform for exploring and developing opportunities in:

1. Distributed AI Infrastructure

• Modular AI compute facilities (1MW–20MW range)
• Edge AI inference centers for enterprise and industrial use cases
• Regional AI infrastructure nodes supporting latency-sensitive workloads

2. Industrial AI & Fleet Intelligence

• AI-powered fleet optimization systems
• Predictive maintenance and vehicle intelligence
• Logistics and transportation AI platforms
• Industrial automation and robotics enablement

3. Energy Infrastructure for AI Systems

• Battery energy storage systems (BESS)
• Microgrid and distributed power solutions
• EV charging and load balancing infrastructure
• Hybrid energy systems designed for AI data center workloads

Participation in Databricks Data + AI Summit 2026

The Databricks Data + AI Summit brings together global leaders in data infrastructure, machine learning, and enterprise AI applications. Phoenix Motor plans to use the event to:

• Engage with AI infrastructure ecosystem partners
• Explore potential collaborations in data platforms and GPU compute
• Evaluate enterprise demand for distributed AI infrastructure
• Identify strategic opportunities in industrial AI deployment

The Company views the summit as an important milestone in its transition toward becoming an AI infrastructure and intelligent systems platform company.

Management Commentary

“Artificial intelligence is driving one of the largest infrastructure buildouts in modern history, requiring not only compute capacity but also resilient energy systems and real-world deployment environments,” said Denton Peng, Chief Executive Officer of Phoenix Motor Inc.

“Phoenix Motor has spent years building capabilities in electrification, fleet systems, and distributed energy. Through Phoenix Motor AI, we are evaluating how these capabilities can be extended into AI infrastructure and industrial AI applications.”

“Databricks Data + AI Summit provides a unique opportunity to engage with leaders across the AI ecosystem as we explore the next phase of our strategic evolution.”

Emerging AI Infrastructure Strategy

The Company is currently evaluating opportunities across several high-growth categories:

• Edge AI infrastructure networks
• Regional AI compute hubs (1–20MW scale)
• Industrial AI deployment systems
• Energy-integrated AI data center models

These initiatives are intended to position Phoenix Motor at the intersection of:

AI Infrastructure + Energy Systems + Industrial Mobility

Long-Term Vision

Phoenix Motor believes that the convergence of transportation electrification, distributed energy, and artificial intelligence is creating a new category of infrastructure companies. Through Phoenix Motor AI, the Company aims to explore the development of:

• Distributed AI infrastructure networks across North America
• Energy-integrated AI compute systems
• Industrial AI and fleet intelligence platforms
• Hybrid physical-digital infrastructure systems supporting enterprise AI adoption

About Phoenix Motor Inc.

Phoenix Motor Inc. (OTC: PEVM) is an emerging technology and infrastructure company focused on:

• Intelligent Transportation
• Sustainable Energy Systems
• Commercial Electric Vehicles
• AI Infrastructure (via Phoenix Motor AI)

The Company is positioned at the convergence of mobility, energy, and artificial intelligence infrastructure.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially. The Company undertakes no obligation to update any forward-looking statements except as required by law.