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Articles from Cenntro Electric Group Limited

Cenntro Electric Group Limited Announces Imminent Implementation of the Scheme of Arrangement
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, refers to the proposed scheme of arrangement in relation to which Cenntro will redomicile from Australia to the United States ("U.S.", the “Scheme”), and under which Cenntro will become a subsidiary of Cenntro Inc., a corporation incorporated in accordance with the laws of the state of Nevada ("HoldCo") for the purpose of effecting the Scheme.
By Cenntro Electric Group Limited · Via Business Wire · February 26, 2024
Cenntro Electric Group Limited Announces Approval of the Scheme of Arrangement by the Supreme Court of New South Wales
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, refers to the proposed scheme of arrangement in relation to which Cenntro will re-domicile from Australia to the United States ("U.S.", the “Scheme”), and under which Cenntro will become a subsidiary of Cenntro Inc., a corporation incorporated in accordance with the laws of the state of Nevada for the purpose of effecting the Scheme.
By Cenntro Electric Group Limited · Via Business Wire · February 16, 2024
Cenntro Electric Group Announces Adjourned Second Court Hearing and Revised Scheme Timetable
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, refers to the proposed scheme of arrangement in relation to which Cenntro will re-domicile from Australia to the United States ("U.S.", the “Scheme”), and under which Cenntro will become a subsidiary of Cenntro Inc., a corporation incorporated in accordance with the laws of the state of Nevada for the purpose of effecting the Scheme.
By Cenntro Electric Group Limited · Via Business Wire · February 14, 2024
Cenntro Shareholders Vote in Favor of Proposed Scheme to Redomicile from Australia to the United States
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro”, or the “Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, today announced that Cenntro shareholders have voted in favor of the proposed scheme of arrangement in which Cenntro will redomicile from Australia to the United States (“Scheme”), and under which Cenntro will become a wholly owned subsidiary of Cenntro Inc. (“HoldCo”), a United States ("U.S.”) company incorporated in accordance with the laws of the State of Nevada for the purpose of effecting the Cenntro's redomiciliation to the U.S.
By Cenntro Electric Group Limited · Via Business Wire · February 5, 2024
Cenntro Electric Group Encourages All Shareholders to Vote in Favor of Proposed Scheme Resolution to Redomicile from Australia to the United States
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today reminds shareholders their vote is important to ensure Cenntro successfully redomiciles from Australia to the United States (the “Scheme”) and Cenntro encourages all shareholders to vote their shares in favor of the proposed Scheme resolution at the special meeting of shareholders on January 24, 2024 at 4:00pm (Eastern Standard Time ("EST")).
By Cenntro Electric Group Limited · Via Business Wire · January 17, 2024
Cenntro Electric Group Receives EU Compliance Certifications R155 and R156
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, today announced Cenntro has received a Certificate of Compliance for Cybersecurity Management System (UN Regulation number: R155) and a Certificate of Compliance for Software Update Management System (UN Regulation number: R156). Both certifications are required for vehicle sales in the European Union beginning in the second quarter of 2024.
By Cenntro Electric Group Limited · Via Business Wire · December 27, 2023
Cenntro Regains Compliance with Nasdaq Minimum Bid Price Rule
Cenntro Electric Group Limited (NASDAQCENN) ("Cenntro" or "the Company"), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, announced today that on December 22, 2023, the Company received written notice from The Nasdaq Stock Market LLC ("Nasdaq") that for the ten consecutive business days from December 8, 2023, to December 21, 2023, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, Cenntro has regained compliance with Nasdaq Listing Rule 5550(a)(2).
By Cenntro Electric Group Limited · Via Business Wire · December 26, 2023
Cenntro Electric Group’s LS400 Approved for California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, today announced that its all-electric class 4 Logistar 400 (“LS400”) received approval from the California Air Resources Board (“CARB”) to participate in California’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (“HVIP”) in the state of California, providing a $60,000 point-of-sale voucher for the Company’s customers.
By Cenntro Electric Group Limited · Via Business Wire · December 19, 2023
Cenntro Electric Group Limited Receives Australian Court Order to Convene Scheme Meeting
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that on 14 December 2023 (Australian Eastern time ("AET")) the Supreme Court of New South Wales, Australia ("Court") made the following orders in relation to the proposed scheme of arrangement to be undertaken in accordance with the requirements of the Australian Corporations Act 2001 (Cth) in relation to which Cenntro will re-domicile from Australia to the United States (“Scheme”), and under which Cenntro will become a wholly owned subsidiary of Cenntro Inc. (“HoldCo”), a new U.S. company incorporated in accordance with the laws of Nevada for the purpose of effecting the Cenntro group's re-domiciliation to the U.S:
By Cenntro Electric Group Limited · Via Business Wire · December 14, 2023
Cenntro Electric Group Announces Delivery of More than 250 Autonomous Driving Delivery Vehicles
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it has delivered more than 250 autonomous delivery vehicles in China to Zelos (Suzhou) Technology Co., Ltd. (“Zelos”).
By Cenntro Electric Group Limited · Via Business Wire · December 11, 2023
Cenntro Electric Group Announces December 8, 2023 Effective Date for Reverse Stock Split to Regain Nasdaq Compliance
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that Depository Trust and Clearing Corporation (“DTCC”) eligibility is confirmed and will effect a 1-for-10 reverse stock split of its outstanding common stock to seek to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq Listing Rule 5550(a)(2).
By Cenntro Electric Group Limited · Via Business Wire · December 6, 2023
Cenntro Electric Group Postpones Reverse Stock Split
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that the planned reverse split of its outstanding common stock that was to be effective on December 1, 2023 has been postponed.
By Cenntro Electric Group Limited · Via Business Wire · November 30, 2023
Cenntro Electric Group Announces Reverse Stock Split to Regain Nasdaq Compliance
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it will effect a 1-for-10 reverse stock split of its outstanding common stock to seek to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq Listing Rule 5550(a)(2) by the December 18, 2023 deadline.
By Cenntro Electric Group Limited · Via Business Wire · November 29, 2023
Cenntro Electric Group Announces Third Quarter 2023 Unaudited Financial Results
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro”, “we”, “our”, “us”, or the “Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles (“ECVs”), today announced its financial results for the third quarter ended September 30, 2023.
By Cenntro Electric Group Limited · Via Business Wire · November 14, 2023
Cenntro Electric Group Announces Changes to Board of Directors
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the appointment of Stephen Markscheid as a new Independent Director of the Board of Directors of the Company (the “Board”) to fill the vacancy following the resignation of Christopher Thorne from the Board and in conjunction, the appointment of current Independent Director Benjamin Ge as Chairman of the Audit Committee of the Board.
By Cenntro Electric Group Limited · Via Business Wire · November 1, 2023
Cenntro Electric Group Limited Announces Proposed Re-domiciliation to the United States
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, is pleased to announce its intention to re-domicile from Australia to the United States of America ("U.S.") by way of scheme of arrangement undertaken in accordance with the requirements of the Australian Corporations Act 2001 (Cth) ("Scheme").
By Cenntro Electric Group Limited · Via Business Wire · September 11, 2023
Cenntro Electric Group Announces Delivery of Logistar 200 to the Post of Serbia
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles (“ECVs”), today announced the delivery of 31 All-Electric Logistar 200 (“LS200”) vans to the Post of Serbia.
By Cenntro Electric Group Limited · Via Business Wire · August 15, 2023
Cenntro Regains Compliance with Nasdaq Listing Rule Following Filing of its 2022 Form 10-K and Q1 2023 Form 10-Q with SEC
Cenntro Electric Group Limited (NASDAQCENN) ("Cenntro" or "the Company"), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles (“ECVs”), announced today that it received a written notice on July 27, 2023 from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) by filing its annual report on Form 10-K for the year ended December 31, 2022 (the "2022 Form 10-K") on June 30, 2023, and quarterly report for the fiscal quarter ended March 31, 2023 (the "Q1 Form 10-Q") on July 25, 2023, with the Securities and Exchange Commission (the "SEC").
Cenntro Electric Group Announces First Quarter 2023 Unaudited Financial Results
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles (“ECVs”), today announced its financial results for the first quarter ended March 31, 2023.
Cenntro Electric Group Announces 2023 Annual General Meeting
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, today announced that it will hold its annual general meeting Friday, September 1, 2023, at 8:30 a.m. Eastern Time (Friday, September 1, 2023, at 8:30 p.m. Shanghai Time and Friday, September 1, 2023, at 10:30 p.m. Australian Eastern Time) at 11840 Beach Blvd., Ste. 1 in Jacksonville, Florida (the “Meeting”).
Cenntro Electric Group Files Annual Report on Form 10-K and Regains Compliance with Nasdaq Filing Requirement
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, today announced it received a written notices (the “Notices”) from The Nasdaq Stock Market LLC ("Nasdaq") on July 11, 2023 stating that subsequent to the filing of our form 10-K for the fiscal year ended December 31, 2022 (the “Form 10-K”) with the United States Securities and Exchange Commission (the “SEC”) on June 30, 2023, Nasdaq has (i) determined that for the purposes of the submission of the Company's Form 10-K the Company complies with Nasdaq listing rule 5250(c)(1) (the “Rule”), and (ii) granted us an exception to enable the Company to regain compliance with the Rule.
Cenntro Announces New Assembly Plant in Ontario, California
Cenntro Electric Group Limited (NASDAQCENN), a leading EV and alternative fuel technology company with advanced, market-validated electric commercial vehicles, today announced the addition of an assembly plant in Ontario, California. The facility has been under preparation and is scheduled to be operational this quarter, allowing the company to expand sales and large-scale deployment on the West Coast.
Cenntro Electric Group Announces Second Half and Full Year 2022 Audited Financial Results
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market- validated electric commercial vehicles (“ECVs”), today announced its financial results for the second half and full year ended December 31, 2022.
California Air Resources Board Certifies the Cenntro LS400 All-Electric Class 4 Electric Commercial Vehicle
Cenntro Electric Group Limited (NASDAQCENN), a leading EV and alternative fuel technology company with advanced, market-validated electric commercial vehicles, today announced that its All-Electric Class 4 Logistar 400 (“LS400”) received certification from the California Air Resources Board (“CARB”) as a zero-emission vehicle in the state of California.
Cenntro Announces Receipt of Extension to Regain Compliance with Nasdaq Minimum Bid Price Rule
Cenntro Electric Group Limited (NASDAQCENN) ("Cenntro" or "the Company"), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, announced today that it received a written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) granting the Company a 180-day extension, or until December 18, 2023, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Rule").
Cenntro Announces Receipt of Nasdaq Noncompliance Notice Regarding Late Filing of Quarterly Report on Form 10-Q
Cenntro Electric Group Limited (NASDAQCENN) ("Cenntro" or "the Company"), a leading EV technology company with advanced, market-validated electric commercial vehicles, announced today that it received a written notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has remained noncompliant with Nasdaq Listing Rule 5250(c)(1) (the "Rule") as a result of its failure to file both its annual report on Form 10-K for the year ended December 31, 2022 (the "2022 Form 10-K"), and quarterly report for the fiscal quarter ended March 31, 2023 (the "Q1 Form 10-Q") with the Securities and Exchange Commission (the "SEC") by the required due dates.
Cenntro Electric Group Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, today announced it received a written notice (the “Notice”) from The Nasdaq Stock Market LLC ("Nasdaq") it no longer complies with Nasdaq Listing Rule 5250(c)(1) (the "Rule") as a result of its failure to file an annual report on Form 10-K for the year ended December 31, 2022 (the “Annual Report”) with the Securities and Exchange Commission (the "SEC") by the required due date.
By Cenntro Electric Group Limited · Via Business Wire · April 28, 2023
Cenntro Electric Group to Unveil Logimax 650 All Electric Class 6 Truck at WasteExpo 2023
Cenntro Electric Group Limited (NASDAQCENN), a leading EV and alternative fuel technology company with advanced, market-validated electric commercial vehicles, will unveil the Logimax 650 (“LM650”), an ell electric powered Class 6 Truck, at the upcoming WasteExpo 2023, taking place May 1 - 4 at the Ernest N. Morial Convention Center in New Orleans.
By Cenntro Electric Group Limited · Via Business Wire · April 28, 2023
Cenntro Subsidiary Avantier Motors Launches Urban Micro Car in Europe and Central America Markets
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that its wholly owned subsidiary, Avantier Motors Company, will launch a new vehicle product line of electric micro-cars intended for urban use. The Avantier is a 3-door hatchback and will initially launch in Europe and Central America.
Cenntro Automotive Enters Collaboration Agreement with EAVX – a JB Poindexter & Co Business Unit
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, and EAVX, the newest business unit of JB Poindexter & Co (JBPCO), today announced that they will collaborate to develop innovative and industry-leading All-Electric last mile and vocational work truck solutions. The joint development effort will focus on integration of the commercial truck bodies from JBPCO business units including last mile, service and utility, and vehicle cargo management systems with Cenntro’s All-Electric LS300 and LS400 cab chassis.
Cenntro to Hold World Premiere of Three Vehicles and All Electric iChassis Series at CES
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it will showcase the world premiere of five new vehicles at the upcoming 2023 Consumer Electronics Show (CES®), one of world’s largest technology trade shows taking place January 5-8, 2023 in Las Vegas. The new vehicles join what is quickly becoming the most comprehensive All Electric Commercial vehicle lineup available worldwide. Vehicles making their world premiere include the recently announced LM864H, a Class 8 Hydrogen Fuel Cell vehicle, the Logistar 300, an All-Electric Class 3 van, and the iChassis product line of three open-platform, fully programmable vehicles designed for automated and autonomous driving.
By Cenntro Electric Group Limited · Via Business Wire · January 4, 2023
Cenntro Electric Group Limited Receives Nasdaq Notice Regarding Minimum Bid Price Requirements
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market- validated electric commercial vehicles (“ECVs”), today announced that on December 22, 2022, it received a notification (the “Notification”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company no longer satisfies Nasdaq Listing Rule 5550(a)(2) because the closing bid price of the Company’s ordinary shares (the “Shares”) was below $1.00 per Share for 30 consecutive business days preceding the date of the Notification.
By Cenntro Electric Group Limited · Via Business Wire · December 28, 2022
Cenntro’s Logistar 400 All-Electric Commercial Vehicle Receives EPA's Certificate of Conformity
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that its all-electric Class 4 Logistar 400 (“LS400”) model received a U.S. Environmental Protection Agency (EPA) Certificate of Conformity.
By Cenntro Electric Group Limited · Via Business Wire · December 22, 2022
Cenntro Begins Shipments of LS260 and LS100 Vans to European Markets
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced it has begun shipments of the Logistar 260 (“LS260”) multi-purpose, all-electric commercial vehicle and the Logistar 100 (“LS100”) to European markets. The first deliveries are ahead of schedule of the previously announced target date of Q1 2023.
By Cenntro Electric Group Limited · Via Business Wire · December 21, 2022
Cenntro Electric Group to Unveil Logimax 864 Hydrogen Powered Semi Tractor at CES
Cenntro Electric Group Limited (NASDAQCENN), a leading EV and alternative fuel technology company with advanced, market-validated electric commercial vehicles, will unveil the Logimax H864 (“LMH864”), a hydrogen powered Class 8 Semi Tractor, at the upcoming 2023 Consumer Electronics Show (CES®), taking place January 5-8, 2023 in Las Vegas.
By Cenntro Electric Group Limited · Via Business Wire · December 7, 2022
Cenntro Electric Group Launches Six Global EV Centers for Distribution and Customer Services
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the launch of six EV Centers in support of its global distribution system expansion in Spain, Italy, Poland, Turkey, Morocco, and the Dominican Republic.
By Cenntro Electric Group Limited · Via Business Wire · December 1, 2022
Cenntro Electric Announces the Completion of Construction of Cennatic’s Advanced Lithium-Ion Battery Facility in Mexico
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the completion of construction of the 10,436 square meter (111,363 square feet) facility that will house the Company’s wholly owned U.S. subsidiary, Cennatic Power Inc. (“Cennatic”). Cennatic will manufacture advanced lithium-ion batteries that will be installed in Cenntro’s electric commercial vehicles. The construction was completed ahead of schedule.
By Cenntro Electric Group Limited · Via Business Wire · November 18, 2022
Cenntro Facility in Herne, Germany Begins Assembly of Metro and TeeMak Models
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that its facility in Herne, Germany, acquired through its acquisition of Cenntro Automotive Europe, has completed its production transition and had begun assembly of two Cenntro models, the Metro and the TeeMak.
By Cenntro Electric Group Limited · Via Business Wire · November 8, 2022
Cenntro Commences Shipments of LS200 Van and Cargo Truck to European Markets
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, has commenced shipments of the Logistar 200 (“LS200”) multi-purpose, light electric commercial vehicle to European markets, with over 170 vehicles sold and delivered to the local customers.
By Cenntro Electric Group Limited · Via Business Wire · October 28, 2022
Cenntro’s Logistar 400 All Electric Commercial Vehicle Completes EPA Tests
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that its All Electric Class 4 Logistar 400 (“LS400”) model has completed its EPA tests, a significant milestone that moves the LS400 closer to registration and customer sales in United States. The All Electric Class 4 LS 400, one of Cenntro’s main products, is purpose built for robust duty cycles of urban and suburban use and can support a wide range of payloads and applications.
By Cenntro Electric Group Limited · Via Business Wire · October 7, 2022
Cenntro Announces Key Changes to the Board of Directors
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the appointment of Dr. Yi Zeng to the Board of Directors, and the resignation of Justin Davis Rice from the Board of Directors of the Company.
By Cenntro Electric Group Limited · Via Business Wire · September 16, 2022
Cenntro Electric Group Announces First Half 2022 Unaudited Financial Results
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market- validated electric commercial vehicles (“ECVs”), today announced its financial results for the first half year ended June 30, 2022.
By Cenntro Electric Group Limited · Via Business Wire · September 13, 2022
Cenntro Electric Group to Host First Half 2022 Financial Results Conference Call on Tuesday, September 13, 2022 at 5:30 p.m. Eastern Time
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, will hold a conference call on Tuesday, September 13, 2022 at 5:30 p.m. Eastern time to discuss its financial results for the first half of the fiscal year ended June 30, 2022. A press release detailing the financial results will be issued on September 13, 2022, prior to the conference call.
By Cenntro Electric Group Limited · Via Business Wire · September 6, 2022
Cenntro's New Logistar 100 Vehicle Rolls off Production Line
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced its first Logistar 100s, a light electric commercial van, rolled off the production line and are scheduled for delivery beginning September to Europe followed by launches in Asia, the Caribbean, and South America markets.
By Cenntro Electric Group Limited · Via Business Wire · August 24, 2022
Cenntro Electric Group to Participate in Upcoming Trade Shows
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it will participate multiple upcoming industry trade shows to promote the all-electric Class 4 Logistar 400 (LS 400).
By Cenntro Electric Group Limited · Via Business Wire · August 17, 2022
Cenntro Electric Announces Strategic Action to End Channel Partner Distribution in the US
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced a strategic action to assemble its Metro product in-house and market Metro directly to its own distributors in the United States. Cenntro will now have full control over the production and sale of the Metro EV model and will end channel partner distribution in the US.
By Cenntro Electric Group Limited · Via Business Wire · August 15, 2022
Cenntro Electric to Establish Subsidiary Cennatic for Advanced Lithium-Ion Battery Production in North America
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the establishment of a separate operating division and wholly owned U.S. subsidiary, Cennatic Power Inc. (“Cennatic”) to manufacture advanced lithium-ion batteries to be used for its electric commercial vehicles.
By Cenntro Electric Group Limited · Via Business Wire · August 8, 2022
Cenntro Electric to Acquire Minority Interest in German E-Cargo Designer Antric
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, announced today that it had signed a non-binding term sheet to make a strategic investment in Antric GmbH, a German-based e-cargo designer, representing twenty-five percent (25%) of Antric’s total outstanding shares. The aggregate investment of EUR 2,500,000 ($2,550,000 USD) consists of approximately EUR 1,250,000 (approximately US$1,275,000) in cash and EUR 1,250,000 (approximately US$1,275,000) in the form of a convertible loan, at an implied post-money enterprise value for Antric of EUR 10 million.
Cenntro to Participate at Upcoming Investor Conferences
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that Chief Executive Officer Peter Wang and Chief Financial Officer Edmond Cheng will participate in the following investor conferences during the month of August 2022:
Cenntro Electric Group Added to Russell 2000®, Russell 3000® and Russell Microcap® Indexes
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it has been added the Russell 2000®, Russell 3000® and Russell Microcap® Indexes effective after the market close on June 24, 2022 as part of FTSE Russell’s annual reconstitution.
Cenntro to Participate at Upcoming Investor Conferences
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that the management team will participate in the following investor conferences during the month of June 2022:
Cenntro Electric Group to Showcase LS400 Commercial Electric Vehicle at Upcoming Industry Events
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the Company will showcase its Logistar™ 400 (“LS400”) series all electric, purpose-built Class 4 vehicle at several important industry events including the New York City Fleet Show, the Global Fleet Conference and the Fleet Forward Tour Chicago event.
Cenntro Electric Group Expands Global Production Capacity with Acquisition of Advanced Manufacturing Facility in China
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or the “Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the acquisition of a new manufacturing facility in Changxing, Huzhou City, China, for a purchase price of approximately $19.5 million. The new 474,000 square foot facility will allow Cenntro to expand its production capacity.
Cenntro Electric Group to Showcase LS400 Series at Advanced Clean Transportation (ACT) Expo
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or the “Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced the Company will showcase its Logistar™ 400 (“LS400”) series all electric, purpose-built Class 4 vehicles among additional products at the Advanced Clean Transportation Expo (“ACT Expo”) taking place May 9-12, 2022 at the Long Beach Convention Center in Long Beach, California.
Cenntro Electric Group Announces 2022 Annual General Meeting and the Nomination of Benjamin Ge as a Class III Director
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or the “Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it will hold its Annual General Meeting on Tuesday, May 31, 2022 at 8:00 a.m. EDT (Tuesday, 31 May, 2022 at 8:00 p.m. Shanghai Time and Tuesday, 31 May, 2022 at 10:00 p.m. Australian Eastern Time.) at the Hyatt Regency Jacksonville Riverfront in Jacksonville, Florida.
Cenntro Electric Group Announces 2021 Year End Audited Financial Results
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced its financial results for the year ended December 31, 2021.
By Cenntro Electric Group Limited · Via Business Wire · April 25, 2022
Cenntro Electric Group to Host 2021 Year End Financial Results Conference Call on Monday, April 25, 2022 at 5:00 p.m. Eastern Time
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, will hold a conference call on Monday, April 25, 2022 at 5:00 p.m. Eastern time to discuss its financial results for the year ended December 31, 2021. A press release detailing the financial results will be issued on April 25, 2022 prior to the call.
By Cenntro Electric Group Limited · Via Business Wire · April 21, 2022
Cenntro Electric Group Completes Acquisition of Majority Interest in Tropos Motors Europe
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that it completed the previously-announced acquisition of a 65% equity interest in Tropos Motors Europe GmbH (“TME”), a wholly owned subsidiary of Mosolf SE & Co. KG (“Mosolf”), for €3.25 million and the assumption of 100% of a shareholder loan from Mosolf to TME in the amount of €11.9 million.
By Cenntro Electric Group Limited · Via Business Wire · March 25, 2022
Cenntro Electric Group to Participate in Work Truck Week 2022 March 8-11, 2022
Cenntro Electric Group Limited (NASDAQCENN) (“Cenntro” or “the Company”), a leading designer and manufacturer of electric light and medium-duty commercial vehicles, today announced that it will participate in the upcoming Work Truck Show to be held March 8-11, 2022 at the Indiana Convention Center in Indianapolis, IN.
By Cenntro Electric Group Limited · Via Business Wire · February 15, 2022
Cenntro Electric Group Achieves Record Production Milestone of 1,623 Electric Commercial Vehicles in 2021
Cenntro Electric Group Limited (NASDAQCENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, announced today that it achieved a record production milestone of 1,623 electric commercial vehicles (ECV) for 2021 and experienced its highest volume month of 628 ECV’s produced and shipped in December 2021.
By Cenntro Electric Group Limited · Via Business Wire · January 21, 2022
Cenntro Electric Group Announces the Change of its Trading Symbol from “NAKD” to “CENN”
Cenntro Electric Group Limited (NASDAQNAKD), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that its trading symbol on the Nasdaq Capital Market (NASDAQ) will change from “NAKD” to “CENN” at the open of market trading on Friday, January 14, 2022.
By Cenntro Electric Group Limited · Via Business Wire · January 13, 2022