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 Electric Group Limited (NASDAQ: CENN) has commenced early shipments of its all-electric commercial vehicles, the Logistar 260 (LS260) and Logistar 100 (LS100), to European markets. The deliveries, ahead of the planned Q1 2023 target, showcase the company’s growing response from European customers. The LS260 features a range of up to 167 miles and a payload of 2,821 lbs, while the LS100 has a 100-mile range and 157 lbs of payload. Both vehicles have received EU type approvals, allowing sales across member states.
Cenntro Electric Group Limited (NASDAQ: CENN) has announced the launch of the Logistar 300 (LS300), a new all-electric commercial van and truck, set to debut at the 2023 Consumer Electronics Show in Las Vegas from January 5-8. The LS300 features a 118kWh lithium iron phosphate battery, reaching a maximum speed of 75 mph and a range of 273 miles. Production will occur at its Jacksonville, FL, and Freehold, NJ facilities, with distribution targeted for Q3 2023. This addition strengthens Cenntro's lineup for last-mile delivery, following their previous models.
Cenntro Electric Group Limited (NASDAQ: CENN) will unveil its Logimax H864, a hydrogen-powered Class 8 Semi Tractor, at the 2023 CES in Las Vegas from January 5-8. This marks Cenntro's first hydrogen fuel cell vehicle and heavy-duty truck. Weighing 25 tons, the LMH864 is suitable for short- and long-haul applications, utilizing sustainable hydrogen fuel cells to produce only water as a byproduct. Expected availability is in Q3 2023 in North America and Europe, catering to the demand for zero-emission logistics.
Cenntro Electric Group Limited (NASDAQ: CENN) has launched six new EV Centers in Spain, Italy, Poland, Turkey, Morocco, and the Dominican Republic, expanding its global distribution system. These centers support sales, deliveries, and after-market services and integrate a cloud-based parts distribution system for efficient operation. The CEO, Peter Wang, emphasized that these centers are critical for scaling operations, reducing logistics costs, and minimizing downtime for customers. This move signals Cenntro's commitment to growing its electric vehicle market share and enhancing customer service.
Cenntro Electric Group Limited (NASDAQ: CENN) will debut its production iChassis at CES 2023 on
Cenntro Electric Group Limited (NASDAQ: CENN) has completed the construction of a 10,436 square meter facility for its U.S. subsidiary, Cennatic Power Inc., which will produce advanced lithium-ion batteries for electric commercial vehicles. The facility in Monterrey, Mexico, is set to begin trial production in the first half of 2023, aiming to reduce dependency on foreign supply chains. This initiative aligns with the new Inflation Reduction Act, potentially qualifying Cenntro's EVs for tax credits. The technology promises enhanced battery performance and cost efficiencies.
Cenntro Electric Group Limited (NASDAQ: CENN) has announced the completion of its production transition at its Herne, Germany facility following its acquisition of Cenntro Automotive Europe. The facility has started assembly of the Metro and TeeMak models, expanding its manufacturing capabilities. Cenntro has also launched two new vehicle models, the Logistar 100 and Logistar 260, and begun deliveries of the Logistar 200 across Europe. This strategic move aligns with market demands, aiming to enhance capacity and customer service.
Cenntro Electric Group Limited (NASDAQ: CENN) has begun shipping its Logistar 200 (LS200), a multi-purpose light electric commercial vehicle, to European markets. Over 170 vehicles have already been sold and delivered. The LS200, designed for urban delivery, has a one-ton payload and 247 cubic feet of cargo space. CEO Peter Wang expressed satisfaction with the positive market reception and aims to enhance sales and service infrastructure amidst supply chain challenges. This launch supports Cenntro's commitment to zero-emission vehicles and expanding its electric commercial vehicle portfolio.
Cenntro Electric Group Limited (NASDAQ: CENN) has announced a significant milestone with its All Electric Class 4 Logistar 400 (LS400) model completing EPA tests. This achievement moves the LS400 closer to customer sales in the United States. The LS400 is designed for urban and suburban duty cycles, targeting last-mile delivery and vocational services. Cenntro's Chairman and CEO, Peter Wang, emphasized that this completion is a critical step in the homologation process, paving the way for customer deliveries.
Cenntro Electric Group Limited (NASDAQ: CENN) announced the appointment of Dr. Yi Zeng to its Board of Directors, bringing over 30 years of industry experience. Dr. Zeng has held leadership roles in various global companies and is expected to contribute significantly to the expansion of Cenntro's electric commercial vehicle range in North America, Europe, and Asia. His term lasts until the Company's 2023 Annual Meeting. Additionally, Justin Davis Rice has resigned from the board, where he previously served as Chairman.