Phoenix Motor's EdisonFuture Subsidiary Expands into Advanced Robotics with U.S. - Manufactured Robotic Dog Platform and RFaaS Business Model | PEVM Stock News

StockTitan
2026.02.02 03:30
portai
I'm PortAI, I can summarize articles.

EdisonFuture Motor Inc., a subsidiary of Phoenix Motor Inc. (OTC:PEVM), has launched a U.S.-manufactured robotic dog platform aimed at commercial use, utilizing a Robot Fleet as a Service (RFaaS) model. This expansion into advanced robotics leverages existing manufacturing strengths and aims to meet rising automation demands. The platform features three models with varying payload capacities and is designed for diverse applications. Initial deployment will involve 200 units in Irvine, California, with plans for broader rollout based on pilot results. CEO Denton Peng emphasized the strategic shift towards technology-enabled fleet services.