---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-068703"
form_type: "8-K"
ticker: "PEVM"
cik: "0001879848"
company_name: "PHOENIX MOTOR INC."
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T06:06:10.977909+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Phoenix Motor appoints Chairman Xiaofeng Peng as CEO, replacing Dr. Lance Zhou

## Summary
- Xiaofeng Peng appointed CEO effective June 6, 2023, replacing Dr. Lance Zhou.
- Peng will continue as Chairman of the Board in addition to CEO duties.
- Peng is also CEO of SPI Energy Co., Ltd., the company's largest shareholder.
- Dr. Zhou's departure is effective immediately; board thanked him for his leadership.

## SEC filing metadata
- accession: 0001104659-23-068703
- form_type: 8-K
- ticker: PEVM
- cik: 0001879848
- company_name: PHOENIX MOTOR INC.
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879848/000110465923068703/0001104659-23-068703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879848/000110465923068703/tm2318032d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-068703
- JSON: https://secwatch.observer/filing/0001104659-23-068703.json
- Plain text: https://secwatch.observer/filing/0001104659-23-068703.txt

## Key facts
- Executive change
  Dr. Lance Zhou departed as Chief Executive Officer at PHOENIX MOTOR INC..
  - Action: replaced
  - Role: Chief Executive Officer
  source text: On June 6, 2023, the Board of Directors of Phoenix Motor Inc., a Delaware corporation (the “Company”), appointed its Chairman, Xiaofeng Peng to replace Dr. Lance Zhou as the Company’s Chief Executive Officer effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000110465923068703/0001104659-23-068703-index.htm
- Executive change
  Xiaofeng Peng was appointed as Chief Executive Officer at PHOENIX MOTOR INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On June 6, 2023, the Board of Directors of Phoenix Motor Inc., a Delaware corporation (the “Company”), appointed its Chairman, Xiaofeng Peng to replace Dr. Lance Zhou as the Company’s Chief Executive Officer effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000110465923068703/0001104659-23-068703-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.