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Market Overview

Phoenix Motorcars Appoints Auto Industry Veteran Joe Mitchell As CEO

  • SPI Energy Co Ltd (NASDAQ: SPI) has appointed auto industry expert Joseph R. Mitchell as the CEO of its electric vehicle subsidiary Phoenix Motorcars, effective on Feb 15, 2021.
  • Last week, the company raised $14.7 million via a secondary offering.
  • Last month, the company appointed auto veteran Frank Jenkins as the VP of Phoenix Motorcars.
  • Price action: SPI shares are up 3.3% at $10.64 in the pre-market session on the last check Tuesday.
  • Click here to check out Benzinga's EV Hub for the latest electric vehicles news.

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