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Phoenix Motorcars files for Chapter 11
Details are still very sketchy, but it appears that Phoenix Motorcars filed for Chapter 11 bankruptcy on Monday, April 27th. Not surprisingly, the global economic downturn is cited as one of the main reasons for the filing, but another major contributing factor was a recent $5.3 million arbitration apparently won by former drivetrain supplier UQM. We've placed two separate calls with Phoenix Motorcars, which have so far gone unanswered. If we do happen to hear something back, we'll be sure to share it with our readers, but we're not ... Read more →
Ssangyong out of money; what does it mean for Phoenix? Jeremy Korzeniewski
Earlier this month, we found out that Phoenix Motorcars was still working on its all-electric SUT, but that its use of the Altairnano lithium titinate battery is currently in question. Even ...
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Phoenix Motorcars files for Chapter 11 7 months ago on Autoblog Green
Details are still very sketchy, but it appears that Phoenix Motorcars filed for Chapter 11 bankruptcy on Monday, April 27th. Not surprisingly, the global economic downturn is cited as one of the main reasons for the filing, but another major contributing factor was a recent $5.3 million ...
Ssangyong out of money; what does it mean for Phoenix? 11 months ago on Autoblog Green
Earlier this month, we found out that Phoenix Motorcars was still working on its all-electric SUT, but that its use of the Altairnano lithium titinate battery is currently in question. Even before that, Phoenix announced that it would be switching from its first motor supplier, UQM, to some ...
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