Welcome to our dedicated page for Cenntro news (Ticker: CENN), a resource for investors and traders seeking the latest updates and insights on Cenntro stock.
Cenntro Inc. (NASDAQ: CENN) is an automobile manufacturing company focused on electric commercial vehicles, smart chassis platforms, and hydrogen fuel cell trucks. Its public announcements highlight purpose-built electric vehicles for commercial use, autonomous-capable iChassis platforms, and hydrogen fuel cell Class 8 semi-tractors developed through its subsidiary Bison Motors Inc.
This news page aggregates Cenntro-related coverage, reflecting developments across its vehicle portfolio and geographic footprint. Company updates have included orders and deliveries of Logistar models such as the LS210 and LS450P, the launch of Avantier urban mobility vehicles, and large-scale deployment of autonomous delivery vehicles built on the iChassis 100 platform for third-party contractors in China.
Investors and observers can use Cenntro news to follow themes such as electric commercial vehicle adoption in Europe, North America, and Asia; regulatory milestones like European Union type approvals and U.S. Environmental Protection Agency certification; and strategic partnerships, including assembly and distribution agreements in markets such as Morocco and Spain.
News items also cover financial and corporate developments, including quarterly and annual financial results, Nasdaq listing compliance updates related to the minimum bid price requirement, and capital structure changes disclosed in 8-K filings. By reviewing these articles in sequence, readers can track how Cenntro’s product launches, regional expansion, autonomous vehicle activities, and financing decisions evolve over time.
For anyone researching CENN stock or the company’s role in electric commercial vehicles and autonomous platforms, this page serves as a central location to review Cenntro’s latest press releases, regulatory news, and other market-relevant announcements.
Cenntro (NASDAQ: CENN) was granted a 180-calendar-day extension by Nasdaq to regain compliance with the minimum $1.00 closing bid price requirement under Nasdaq Listing Rule 5550(a)(2).
The extension runs until April 20, 2026. Nasdaq found Cenntro meets the market value of publicly held shares and other initial listing requirements, except the Minimum Bid Price Requirement. The company must maintain a closing bid of at least $1.00 for a minimum of 10 consecutive business days on or before April 20, 2026, or otherwise consider measures including a reverse stock split. Trading of Cenntro common stock under CENN continues with no immediate listing action.
Cenntro (NASDAQ: CENN), an electric commercial vehicle manufacturer, has entered into a strategic partnership with Electricove Maroc for EV assembly operations in Morocco. The agreement expands their existing distribution partnership, with Electricove set to establish a local assembly plant for Cenntro's vehicle models including the Teemak and LS450.
Under the partnership, Cenntro will provide vehicle assembly kits, technical documentation, assembly training, and engineering support to Electricove. The initiative has received strong support from Moroccan government authorities and business organizations, targeting distribution across local and Northern African markets.
Cenntro (NASDAQ: CENN) has secured 260 orders for its newly introduced Logistar® 210 (LS210) model during the first half of 2025. The LS210, designed to replace the previous LS200 model, features significant upgrades in features, technology, and quality.
The company has already delivered 12 LS210 units to European customers since its launch. The vehicle is available in multiple configurations including cargo van, passenger van, and cargo truck, targeting primarily European and Southeast Asian markets.
Cenntro (NASDAQ: CENN) has announced the development of its second-generation hydrogen fuel cell Class 8 semi-tractor, the BM860H, which has received EPA certification. The vehicle, developed by Cenntro's subsidiary Bison Motors Inc., features a 210kW hydrogen fuel cell system with an estimated driving range of 528 miles with full payload.
The BM860H offers rapid refueling capabilities while producing zero emissions and meets all Federal Motor Vehicle Safety Standards. Key components will be sourced primarily from U.S. manufacturers, with final assembly taking place at Cenntro's Southern California facility. The vehicle is currently under review for California Air Resources Board certification.
Cenntro (NASDAQ: CENN) has announced the launch of its new "Avantier Commuter," an all-electric vehicle from its 2025 Avantier Model Series. The vehicle has received EU M1 Type Approval, enabling sales across all European Union countries and other regions accepting EU vehicle type approvals.
The Avantier Commuter is a four-seat, five-door passenger vehicle featuring 50kw power and an estimated range of up to 320 kilometers on a single charge. The company has already sold and delivered 66 vehicles since its market introduction earlier this year. The Avantier Model Series includes three variants: Avantier C, Avantier EX, and Avantier Commuter, all designed for urban and neighborhood mobility.
Cenntro (NASDAQ: CENN) has successfully delivered 71 special edition Logistar® 450P electric buses to QEV Technologies, a Spanish electric mobility solutions provider. The delivery is part of a larger order received in early 2025.
The LS450P model has received European Union M2 Type Approval, enabling its use for short-distance shuttle and public transportation services across Europe. This certification validates the vehicle's compliance with European safety and performance standards.
The company plans to continue production to fulfill the remainder of QEV's order and respond to market demands from distributors across Europe and other global markets.
Cenntro (NASDAQ: CENN) reported its full-year 2024 financial results, showing significant growth with net revenue reaching $31.3 million, a 200.2% increase from 2023's $10.4 million. US sales notably jumped to $19.3 million from $0.4 million in 2023.
The company sold 1,122 Electric Commercial Vehicles in 2024, including 145 Logistar 400 Class 4 vehicles in the US, 492 Avantier vehicles in Europe and South America, and 911 iChassis units. Gross profit increased to $7.6 million with a 24.3% margin.
Despite improved sales, Cenntro reported an Adjusted EBITDA loss of $28.2 million, though better than 2023's loss of $39.3 million. The company's cash position stood at $12.5 million as of December 31, 2024, down from $28.8 million in 2023.
Cenntro (NASDAQ: CENN) announced the delivery of over 1,000 autonomous driving delivery vehicles with iChassis 100 platforms to third-party contractors in China during 2024. The iChassis 100, designed and manufactured by Cenntro, serves as a foundational component for autonomous commercial vehicles.
The company has developed dedicated autonomous vehicle production lines and testing facilities to support large-scale manufacturing. Following its initial production phase in 2023, Cenntro experienced strong demand for its iChassis platform and autonomous vehicle manufacturing capabilities both domestically and internationally. The company currently manufactures autonomous commercial vehicles exclusively for third-party contractors in China, where it plans to expand its footprint by integrating proprietary autonomous driving software and hardware.
Cenntro (NASDAQ: CENN) has secured an order for 200 special edition Logistar® 450P electric passenger vans from Spanish vehicle provider QEV Technologies. The company has received a 30% deposit for the first 47 units, scheduled for delivery in Q1 2025.
The LS450P model, jointly developed by QEV and Cenntro, has obtained European Union M2 Type Approval, enabling its use for short-distance shuttle services and public transportation. This positions the vehicle as a potential breakthrough offering in the European market.
The LS450P is the latest addition to Cenntro's Logistar LS450 model variations, designed to provide versatile, eco-friendly transportation solutions. The company anticipates growing demand for purpose-built electric vehicles as governments and businesses pursue sustainable transportation options.