BRIEF-Phoenix Motor CFO J Mark Hastings Resigns, Effective April 10

Reuters04-09

April 8 (Reuters) - Phoenix Motor Inc :

* PHOENIX MOTOR INC - ON APRIL 3, ACCEPTED RESIGNATION OF J. MARK HASTINGS AS CFO OF CO EFFECTIVE AS OF APRIL 10

* PHOENIX MOTOR INC - INTENDS TO CONDUCT A SEARCH OF POTENTIAL INTERNAL AND EXTERNAL CANDIDATES TO REPLACE HASTINGS

* PHOENIX MOTOR - IN INTERIM, CO'S CEO, DENTON PENG, WILL ASSUME DUTIES AS PRINCIPAL FINANCIAL OFFICER AND PRINCIPAL ACCOUNTING OFFICER

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