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Cenntro Inc. (NASDAQ:CENN) ("Cenntro" or "the Company"), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, has reported its financial and operational results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial and Operational Highlights: Third quarter 2024 net revenue of $16.7 million increased 190% compared to $5.8 million for the third quarter of 2023. United States ("US") sales volume increased to $10.3 million in the third quarter of 2024 from $0.2 million for the third quarter of 2023. Adjusted EBITDA loss for the third quarter of 2024 of $7.5 million compared to a loss of $12.1 million for
Cenntro Inc. (NASDAQ:CENN) ("Cenntro" or "the Company"), a leading electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, has reported its financial and operational results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Highlights: Second quarter 2024 net revenue of $8.32 million increased 96.4% compared to $4.24 million for the second quarter of 2023. U.S. sales volume increased to $4.9 million in the second quarter of 2024 from $33,000 for the second quarter of 2023. Adjusted EBITDA loss for the second quarter of 2024 of $7.27 million compared to a loss of $12.5 million for the second quarter o
Q3 2023 Net Revenue Increased 175% to $5.8 million Number of Vehicles Sold Increased by 326% to 298 Vehicles Gross Profit Margin Increased 4,260 bps to 12.4% from a loss of -30.3% Average Selling Price Increased by 15.7% to Approximately $19.2 Thousand Cenntro Electric Group Limited (NASDAQ:CENN) ("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. Third Quarter 2023 Financial and Operating Highlights Net revenue of $5.8 million increased 175% year over year; Sales volume increa
8-K - Cenntro Inc. (0001707919) (Filer)
10-Q - Cenntro Inc. (0001707919) (Filer)
DEFA14A - Cenntro Inc. (0001707919) (Filer)
Appoints Financial Executive Stephen Markscheid to Board and Benjamin Ge as Chairman of the Audit Committee Cenntro Electric Group Limited (NASDAQ:CENN) ("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. Stephen Markscheid is a corporate finance professional with 30+ yea
Cenntro Electric Group Limited (NASDAQ:CENN) ("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. Dr. Yi Zeng has served in several leadership positions and brings over 30 years of industry, research and education experience to Cenntro. He previously served as a Non-Executive Director of Range Resources Pty. Ltd (listed both in London and Australia stock exchanges), Managing Director of Lomon (Australia) Pty Ltd, Asia Pacific Regional Marketing Manager of Titaniu,
Smart Chassis Platform Demand Continues to Drive Expansion in China Cenntro Inc. (NASDAQ:CENN) ("Cenntro" or "the Company"), a pioneering innovator in electric commercial vehicles, with advanced, market-validated, and purpose-built vehicle and smart technology products, today announced that it delivered more than 1,000 autonomous driving delivery vehicles incorporating the iChassis 100 in the 2024 calendar year to third-party contractors in China. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250207625093/en/Cenntro iChassis 100 (Photo: Business Wire) The iChassis 100 is a smart chassis platform designed and manufactured by C
Cenntro Inc. (NASDAQ:CENN) ("Cenntro" or "the Company"), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announces the order of 200 special edition Logistar® 450P ("LS450P") electric passenger vans from Spanish vehicle provider QEV Technologies, S.L. ("QEV"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250114455368/en/Logistar®450P (Photo: Business Wire) Cenntro has secured a 30% deposit for the first 47 Logistar® 450P units, which are scheduled for delivery in the first calendar quarter of 2025. The LS450P model is a special edition jointly developed by QEV
500 Unit Order for Customized Metro MR Vehicles May Position Cenntro to Capitalize on Additional Opportunities in Key Market Cenntro Inc. (NASDAQ:CENN) ("Cenntro" or "the Company"), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced its manufacturing facility, Zhejiang Cenntro Machinery Co., Ltd., secured an order for 500 customized Metro MR vehicles exclusively for the Japanese market. We believe this order highlights Cenntro's commitment to delivering market-specific, high-value solutions, and our ability to meet the rigorous quality and performance standards expected by what we believe to be one of the world's m
3 - CENNTRO ELECTRIC GROUP Ltd (0001707919) (Issuer)
3 - CENNTRO ELECTRIC GROUP Ltd (0001707919) (Issuer)
3 - CENNTRO ELECTRIC GROUP Ltd (0001707919) (Issuer)
SC 13D/A - CENNTRO ELECTRIC GROUP Ltd (0001707919) (Subject)
SC 13G/A - CENNTRO ELECTRIC GROUP Ltd (0001707919) (Subject)
SC 13G/A - CENNTRO ELECTRIC GROUP Ltd (0001707919) (Subject)