UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
Current Report
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Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name
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*Trading of the registrant’s common stock on Nasdaq was suspended on April 15, 2025. The registrant’s common stock is currently quoted on the OTC Pink Limited Market under the symbol “PEVMD”.
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). | |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 11, 2025, Phoenix Motor Inc. (the “Company”) appointed John Walsh as the Company’s President, effective immediately. Mr. Walsh was also appointed as Chief Executive Officer of PhoenixEV, the Company’s U.S.-based subsidiary and commercial EV brand focused on light, medium- and heavy-duty vehicles built in America for the American market.
John Walsh, age 59, is a seasoned executive with over 35 years of leadership in the transit and electric mobility industries. From 1989 to 2025, Mr. Walsh served as President of EO Charging Americas, where he led commercial fleet electrification efforts across North America. From March 2023 to August 2025, Mr. Walsh served as the Chief Commercial Officer of Proterra Inc., where he led the Transit, Powered, and Energy business units. Mr. Walsh also served as President and COO of Davey Coach from January 2018 to January 2019, President of REV Bus Group from June 2015 to November 2018, overseeing nine business units including ENC and Collins School Bus, and CEO of MV-1/VPG, a specialty OEM serving the paratransit market.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: August 14, 2025 | PHOENIX MOTOR INC. | |
| By: | /s/ Xiaofeng Denton Peng | |
| Name: | Xiaofeng Denton Peng | |
| Title: | Chief Executive Officer and Chairman of the Board | |