SPI Energy’s Phoenix Motorcars Appoints Vehicle Sector Veteran Frank Jenkins as VP of Organization Partnerships and Development

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January 26, 2021 (ACCESSWIRE by way of COMTEX) —
SANTA CLARA, CA / ACCESSWIRE / January 26, 2021 / SPI Strength Co., Ltd., (NASDAQ:SPI) (the “Corporation”), a world wide renewable electrical power organization and supplier of photo voltaic storage and electric powered car or truck (EV) alternatives for small business, household, government, logistics and utility consumers and traders, currently introduced Phoenix Motorcars, a wholly owned subsidiary of the Company’s EdisonFuture subsidiary, appointed Frank Jenkins as its new Vice President, Small business Partnerships and Growth.

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Jenkins delivers extra than 35 decades of practical experience in the automotive market with abilities in promoting, gross sales, strategic and solution progress, and setting up key effective partnerships and substantial expertise of the light-weight responsibility, medium obligation, and weighty-obligation truck markets. Prior to joining Phoenix, Jenkins was Senior Supervisor/Director of the Commercial and Significant-Responsibility Division at Denso, Vice President of Income and Internet marketing at Electric powered Automobiles Global (EVI), President of Electrical Motors Corporation, Vice President of Profits at Motiv Power Devices, and essential management professional income and advertising positions at Common Motors.

At Typical Motors, Jenkins managed many industry sales and internet marketing teams liable for Standard Motors’ most significant fleet customers and made a new division of 350 sellers to improve professional product sales. His gross sales responsibility ranged from 300,000 models to 500,000 units on a yearly basis, and he managed a $300 million budget offering on average above $2 billion in variable internet financial gain. Jenkins also amplified non-fleet business pickup industry share by 10 points, attaining industry leadership. Jenkins is credited with producing the greater part of mainstay fleet and commercial internet marketing incentives continue to in spot at Common Motors these days.

“Frank is a wonderful addition to our crew,” said Tarek Helou, COO of Phoenix Motorcars. “Centered in Detroit, Frank is properly positioned to aid us with our plans to open a 2nd manufacturing facility in the house of the US automobile marketplace. His wealth of expertise across the automotive sector will be a wonderful asset for us as we seem to protected key sector partnerships and swiftly scale output and product sales transferring forward.”

About SPI Energy

SPI Energy Co., Ltd. (SPI) is a international renewable strength company and supplier of photo voltaic storage and electric powered auto (EV) remedies for organization, residential, federal government, logistics and utility customers and buyers, The Firm provides a total spectrum of EPC products and services to 3rd social gathering task developers, as well as develops, owns and operates solar assignments that sell energy to the grid in various international locations, including the U.S., the U.K., Greece, Japan and Italy. The Business has its US headquarters in Santa Clara, California and maintains world wide operations in Asia, Europe, North The united states and Australia. SPI is also concentrating on strategic financial commitment chances in inexperienced industries these as battery storage and charging stations, leveraging the Firm’s abilities and increasing foundation of hard cash circulation from photo voltaic initiatives and funding improvement of initiatives in agriculture and other marketplaces with important advancement potential.

For much more information and facts on SPI Energy and its subsidiaries, the Enterprise suggests that stockholders, buyers and any other fascinated get-togethers go through the Company’s public filings and press releases offered under the Trader Relations portion at www.SPIgroups.com or offered at www.sec.gov.

About Phoenix Motorcars

Phoenix Motorcars is a leader in building medium-responsibility electrical autos for commercial marketplaces with a main concentrate on class 3 & 4 vehicles. Phoenix Motorcars strives to supply fleets with cleanse transportation and renewable energy by way of sophisticated technologies options and continues to be committed to excellence in electric powered car innovation. Phoenix Motorcars gives a selection of vehicle configurations, which include shuttle buses, utility trucks, service vans, flatbed trucks, wander-in vans, cargo vehicles and college buses. For far more details, make sure you check out www.phoenixmotorcars.com.

Ahead-Searching Statements

This push release includes ahead-searching statements, as that term is outlined in the Non-public Litigation Reform Act of 1995, that include considerable dangers and uncertainties. Forward-wanting statements can be identified via the use of words and phrases this sort of as may,” “might,” “will,” “intend,” “must,” “could,” “can,” “would,” “proceed,” “expect,” “believe,” “anticipate,” “estimate,” “predict,” “outlook,” “probable,” “system,” “find,” and comparable expressions and variants or the negatives of these phrases or other equivalent terminology. Viewers are cautioned not to location undue reliance on these forward-hunting statements, which reflect the Company’s current expectations and speak only as of the day of this release. Precise success may vary materially from the Firm’s existing anticipations dependent on a range of components. These aspects include things like, between other people, the coronavirus (COVID-19) and the consequences of the outbreak and actions taken in connection therewith, adverse changes in normal economic and market disorders, aggressive elements which includes but not limited to pricing pressures and new solution introductions, uncertainty of consumer acceptance of new product offerings and current market modifications, pitfalls linked with managing the advancement of the small business, and individuals other pitfalls and uncertainties that are described in the “Threat Variables” section of the Firm’s annual report submitted on Variety 20-F filed with the Securities and Trade Commission. Except as essential by regulation, the Firm does not undertake any obligation to revise or update any forward-searching statements.

Call:

SPI Energy Co., Ltd.

IR Office

Email: [email protected]

Dave Gentry

RedChip Businesses, Inc.

Mobile phone:(407) 491-4498

[email protected]

Supply: SPI Electrical power Co., Ltd.

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