January 20, 2021
SANTA CLARA, CA / ACCESSWIRE / January 20, 2021 / SPI Energy Co., Ltd., (NASDAQ:SPI) (the “Company”), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers and investors, today announced Phoenix Motorcars, a wholly owned subsidiary of the Company’s EdisonFuture subsidiary, appointed Edmund Shen as its new Vice President, Product Management and Supply Chain.
Shen was interviewed and hired by Elon Musk as an early Tesla employee when the company was still as small startup in 2009. During his seven years at Tesla, he led many key projects of Tesla EV product development and global launch programs, contributing to Tesla’s Roadster, Model S, Model X, Model 3, Powerwall, and Powerpack programs, as well as OEM programs for Mercedes Benz B-Class EV, and Toyota Rav 4 EV programs. In 2016, Shen became one of the earliest founding members of SERES EV as the company’s Senior Director of Product Management, Supply Chain Development & Management, and Product Marketing.
Previously, Shen held product manager, new product development program leader, marketing manager, electrical engineer, and systems engineer roles at leading global semiconductor companies, including Applied Materials, Lam Research, and KLA.
“Edmund has a proven track record specializing in leading new product development and new technology startups with experience taking products from concept to market launch, with limited resources and in fast-paced environments,” stated Tarek Helou, COO of Phoenix Motorcars. “He intuitively sees the threads of opportunity that wind through a market, brings them together into a coherent whole, and drives technology, productization, and business advantages. We are excited to welcome him to the Phoenix Motorcars team.”
About SPI Energy
SPI Energy Co., Ltd. (SPI) is a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers and investors, The Company provides a full spectrum of EPC services to third party project developers, as well as develops, owns and operates solar projects that sell electricity to the grid in multiple countries, including the U.S., the U.K., Greece, Japan and Italy. The Company has its US headquarters in Santa Clara, California and maintains global operations in Asia, Europe, North America and Australia. SPI is also targeting strategic investment opportunities in green industries such as battery storage and charging stations, leveraging the Company’s expertise and growing base of cash flow from solar projects and funding development of projects in agriculture and other markets with significant growth potential.
For more information on SPI Energy and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company’s public filings and press releases available under the Investor Relations section at www.SPIgroups.com or available at www.sec.gov.
About Phoenix Motorcars
Phoenix Motorcars is a leader in developing medium-duty electric vehicles for commercial markets with a primary focus on class 3 & 4 vehicles. Phoenix Motorcars strives to provide fleets with clean transportation and renewable energy through advanced technology solutions and remains committed to excellence in electric vehicle innovation. Phoenix Motorcars offers a range of vehicle configurations, including shuttle buses, utility trucks, service trucks, flatbed trucks, walk-in vans, cargo trucks and school buses. For more information, please visit www.phoenixmotorcars.com.
Forward-Looking Statements
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties. Forward-looking statements can be identified through the use of words such as may,” “might,” “will,” “intend,” “should,” “could,” “can,” “would,” “continue,” “expect,” “believe,” “anticipate,” “estimate,” “predict,” “outlook,” “potential,” “plan,” “seek,” and similar expressions and variations or the negatives of these terms or other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company’s current expectations and speak only as of the date of this release. Actual results may differ materially from the Company’s current expectations depending upon a number of factors. These factors include, among others, the coronavirus (COVID-19) and the effects of the outbreak and actions taken in connection therewith, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described in the “Risk Factors” section of the Company’s annual report filed on Form 20-F filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to revise or update any forward-looking statements.
CONTACT:
SPI Energy Co., Ltd.
IR Department
Email: [email protected]
Dave Gentry
RedChip Companies, Inc.
Phone:(407) 491-4498
[email protected]
SOURCE: SPI Energy Co., Ltd.
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SPI Energy and Icona Design to Collaborate on All-Electric Passenger and Commercial Vehicle Designs
January 19, 2021
ONTARIO, CA / ACCESSWIRE / January 19, 2021 / SPI Energy Ltd. (NASDAQ:SPI) subsidiary EdisonFuture and world-leading automotive design company Icona Design (“Icona”) announced the beginning of a collaboration to design a range of next generation all-electric vehicles for both passenger and commercial applications. The passenger and commercial vehicles will be manufactured and sold by EdisonFuture and its Phoenix Motorcars subsidiary.
Under this collaboration, Icona will design a host of new products including advanced pickup trucks and last-mile delivery vans. The designs and prototypes will incorporate Icona and SPI Energy’s vision for human-centered future transportation and revolutionize how customers and vehicles interact.
The collaboration aims to build a joint common strategy between EdisonFuture and Icona to cover a full range of all-electric vehicles, while drawing from Icona’s experience in designing various cutting-edge products including the autonomous minibus (pictured) and all-electric car / crossover platform.
“Icona’s vision of the future of transportation is oriented to the latest technologies. We are proud to be able to cooperate with EdisionFuture,” said Tersio Gigi Gaudio, Chairman and CEO of Icona.
The new products, to be showcased at major 2021 auto shows in the US, will incorporate various innovations including use of lightweight materials, solar paneled surfaces to charge the batteries and advanced electric drivetrain architecture that focuses on efficiency.
“Our vision for EdisionFuture and Phoenix Motorcars is to be leaders in sustainable transportation with focus on energy efficiency and innovative design. We are pleased to be collaborating with Icona Design to bring this vision to reality,” stated Xiaofeng Peng, Chairman and CEO of SPI Energy.
About SPI Energy
SPI Energy Co., Ltd. (SPI) is a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers and investors. The Company provides a full spectrum of EPC services to third party project developers, as well as develops, owns and operates solar projects that sell electricity to the grid in multiple countries, including the U.S., the U.K., Greece, Japan and Italy. The Company has its US headquarters in Santa Clara, California and maintains global operations in Asia, Europe, North America and Australia. SPI is also targeting strategic investment opportunities in green industries such as battery storage and charging stations, leveraging the Company’s expertise and growing base of cash flow from solar projects and funding development of projects in agriculture and other markets with significant growth potential.
For more information on SPI Energy and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company’s public filings and press releases available under the Investor Relations section at www.SPIgroups.com or available at www.sec.gov.
About Icona Design Group
Founded in 2010 at Turin, Italy, Icona Design Group has developed into a world-leading automotive design company with three independent design studios in Europe, North America and Asia-Pacific. Icona is dedicated to blending contemporary industrial aesthetic into classic Italian automotive design philosophy. With the support of strong resources in engineering research and prototype development at headquarter Turin, Icona is able to offer all-round, cross-cultural vehicle development and design services for customers from all around the world, and help them realize the best aesthetic of mobility.
CONTACT:
SPI Energy Co., Ltd.
IR Department
Email: [email protected]
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