Cenntro Produces and Delivers First Logistar 200 Light Urban Delivery Electric Vehicles to.
Cenntro Automotive Corporation
Cenntro produced 628 electric vehicles in December 2021, its loftiest volume in a single month to date
Company reiterates 2022 delivery guidance for at least vehicles as it continues to ramp up product installations
Cenntro Automotive (“ Cenntro”, the “ Company” or “ We”), a leading EV technology company with advanced, request- validated marketable vehicles, moment blazoned that it produced and packed 628 the recently launched model Logistar 200, or LS200, a light civic delivery vehicle purpose- erected to navigate European thoroughfares. The Company has endured strong demand from its European and American guests for its new models. The company moment also reaffirmed its 2022 guidance to deliver a minimum of vehicles.
“ We’re agitated about our achievements in December, the successful launch of new model LS 200 in the European requests, and the capability to ramp up our product for the different models. These are significant mileposts for a successful electric vehicle business. We not only demonstrated our capacities to design and produce innovative electric vehicles that address the requirements of growing request demand, but we also continue to demonstrate our capabilities to produce and deliver the vehicles to our guests.” said Peter Wang, Cenntro’s Chairman and Chief Executive Officer, “ With the working capital injection from the junction with Naked Brand Group, and the request demand for our vehicles, we’re confident that we will meet our product guidance of vehicles coming time. We’re well deposited for accelerated growth in 2022 and further.”
About Cenntro Automotive Group
A leading EV technology company with advanced, request- validated marketable vehicles, which has entered into a definitive junction agreement with Naked Brand Group Limited (NASDAQ NAKD) with Cenntro’s shareholders to enjoy roughly 70 of the combined reality on a completely- adulterated base. Cenntro leads the metamorphosis in the automotive assiduity through scalable, decentralised product and completely digitalized independent driving results empowered by the Centro iChassis. Cenntro has vended and delivered 3300 marketable EVs in further than 26 countries as of last time. For further information about the company, please visit