 | |||||||||
 | |||||||||
October 28, 2022 – TheNewswire - Cenntro Electric Group (CENN) reports that it has begun shipping its multi-purpose, light electric commercial Logistar 200 vehicle to European markets. To date the company says that it has sold and delivered over 170 vehicles to local customers.
Cenntro’s LS200 EV is a multi-purpose, light commercial electric vehicle customized for transporting light goods in urban areas. Its N-1 Class urban delivery vehicle specially designed for the EU market. The LS200 hosts a one-ton payload and cargo space of 247 cubic feet when using a cargo box.
Peter Wang, Chairman and CEO of Cenntro commented: “We are very pleased with the strong reception of our LS200 product line in Europe. Despite supply chain and logistics challenges we have started shipping the LS200 to European markets, and are receiving positive feedback on the vehicle’s performance and abilities. Looking ahead, we will continue to ramp up sales, production, vehicle distribution and service infrastructure for the LS200 and our full EV portfolio.”
Cenntro Electric Group is a leading designer and manufacturer of electric light and medium-duty commercial vehicles. The company’s purpose-built ECVs are designed to serve a variety of organizations in support of city services, last-mile delivery, and other commercial applications.
Shares of Cenntro Electric Group trade on the NASDAQ under the ticker symbol CENN. For more information visit www.greenstocknews.com.
Disclaimer
This content is not financial advice and is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content and other materials including web content are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or materials that it publishes electronically.
View original video news clips here: https://greenstocknews.com/green-stock-newswire
Copyright (c) 2022 TheNewswire - All rights reserved.
