Phoenix Motorcars Adds Industry Veterans Lewis Liu and Mark Hastings to Senior Management Team

Phoenix Motor Inc., a global leader in manufacturing of all-electric, medium-duty vehicles, announced the appointments of Lewis Liu as Senior Vice President of Program Management Office & Business Development, and Mark Hastings as Senior Vice President of Corporate Development & Strategy and Head of Investor Relations.

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“The appointments of Lewis and Mark add both depth and breadth to our operations and finance leadership and, together with the rest of our management team, will help guide Phoenix’s transformation in the rapidly developing EV revolution on our new public company platform.”

In commenting on the additions, Dr. Lance Zhou, CEO of Phoenix Motor Inc. said, “We are delighted to bring in such high-caliber veterans. The additions of Lewis and Mark will help bolster our senior management team as we execute on our global growth strategy.”

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Chris Wang, CFO of Phoenix Motor commented, “The appointments of Lewis and Mark add both depth and breadth to our operations and finance leadership and, together with the rest of our management team, will help guide Phoenix’s transformation in the rapidly developing EV revolution on our new public company platform.”

Lewis Liu brings over 30 years of experience, primarily in electric vehicles, EV infrastructure, eMobility, automotive advisory, supply chain and operations management. Lewis most recently served as VP of Business Development & Strategy, Corporate Process Executive at Karma Automotive, an Irvine, CA-based EV manufacturer. Previously, Mr. Liu was a founding team member at AiKar, an EV technology start-up, Head of the Global Charging Business and Head of Strategic Partnerships for Faraday Future, and Lead Director of the automotive practice for KPMG Advisory (China) in Beijing. Lewis earned his MBA in Finance from the University of Chicago, his MS in Artificial Intelligence from the University of Mississippi and his BS in Computer Science from Beijing Polytechnic University.

Mark Hastings also brings more than 30 years of experience, having spent his career on Wall Street and in the automotive and energy sectors. Mark joins Phoenix from Rodo, a New York-based automotive fintech start-up, where he was Vice President of Finance and Insurance. Previously, Mr. Hastings’ career in the investment community was spent on the buy-side as portfolio manager and head of investor relations for energy/natural resources funds Geosphere and Saugatuck Energy and as analyst at SAC Capital. Before moving to the buy-side, Mark was a sell-side equity research analyst at Deutsche Bank and Merrill Lynch and an auditor at Exxon in Houston. He earned an MBA in Finance from the University of Tennessee and a BA in Economics from the University of Virginia.

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