---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-038585"
form_type: "8-K"
ticker: "PEVM"
cik: "0001879848"
company_name: "PHOENIX MOTOR INC."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:45:58.485142+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Phoenix Motor Q4 revenue $1.8M (+35% YoY); net loss narrows to $4.5M; Gen 4 production expected summer 2023

## Summary
- Q4 net revenues $1.8M, up 35% YoY; full year $4.3M, up 45% YoY.
- Q4 gross profit $0.3M vs gross loss $0.4M in prior year; full year gross margin improved to 19% from -19%.
- Net loss Q4 $4.5M vs $8.2M; full year net loss $12.7M vs $14.6M in 2021.
- Gen 4 start of production and first delivery expected summer 2023; ramp to 20-25 units/month by year end.
- Recent partnerships: CATL battery supply, Matthews Specialty Vehicles, qualified for IRA clean vehicle credit.

## SEC filing metadata
- accession: 0001104659-23-038585
- form_type: 8-K
- ticker: PEVM
- cik: 0001879848
- company_name: PHOENIX MOTOR INC.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879848/000110465923038585/0001104659-23-038585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879848/000110465923038585/tm2310856d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-038585
- JSON: https://secwatch.observer/filing/0001104659-23-038585.json
- Plain text: https://secwatch.observer/filing/0001104659-23-038585.txt

## Key facts
- Earnings Releases
  PHOENIX MOTOR INC. reported financial results for the quarter and year ended December 31, 2022.
  - Period: the quarter and year ended December 31, 2022
  - Result: reported results
  source text: On March 29, 2023, Phoenix Motor Inc., a Delaware corporation (the “Company”), issued a press release announcing the Company’s financial results for the quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000110465923038585/0001104659-23-038585-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.