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CENN News and Press, Cenntro Electric Group Limited From 08/14/23

Stock Information

Company Name: Cenntro Electric Group Limited
Stock Symbol: CENN
Market: NASDAQ
Website: cenntroauto.com

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CENN - Cenntro Electric Group reports Q2 results

2023-08-14 16:58:12 ET Cenntro Electric Group press release ( NASDAQ: CENN ): Q2 Revenue of $4.2M. Net loss was approximately $14.1 million. Sales volume increased by 26% year over year and 82% sequentially quarter over quarter to 235 vehicles. Average selling pric...

CENN - Cenntro Electric Group Announces Second Quarter 2023 Unaudited Financial Results

Q2 2023 Net Revenue Increased 32% to $4.2 million Number of Vehicles Sold Increased Sequentially by 82% to 235 Vehicles Gross Profit Margin Increased 2,180 bps to 27.1% Average Selling Price Increased 11% to Approximately $18.6 Thousand Cenntro Electric Group L...

CENN - Stellantis Could Revolutionize EV Industry with Inverterless Powertrain

Stellantis has partnered with Saft and the French National Center for Scientific Research (CNRS) to develop a novel electric vehicle battery prototype that could revolutionize the EV industry. By combining the functions of the inverter and charger and then integrating them into the EV battery i...

CENN - 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 (NASDAQ: CENN) ("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 Qual...

CENN - Cenntro Electric Group reports Q1 results

2023-07-25 16:49:10 ET Cenntro Electric Group press release ( NASDAQ: CENN ): Q1 Revenue of $3.5M (+94.4% Y/Y). Net loss was approximately $11.0 million in the first quarter of 2023, compared with net loss of $9.3 million in the first quarter of 2022. For further det...

CENN - Cenntro Electric Group Announces First Quarter 2023 Unaudited Financial Results

Q1 2023 Net Revenue Increased 90% to $3.5 million Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles (“ECVs”)...

CENN - Tesla skids 10% after earnings disappoint and drags down other EV stocks

2023-07-20 16:17:35 ET Tesla ( NASDAQ: TSLA ) ended Thursday with a drop of 9.74% to place shares at their lowest level in three weeks. Volume on the EV stock was a stunning 173M shares for the session. Why the 10% haircut in share price? The big drop in Tesla's ( TSLA )...

CENN - Cenntro Electric Group Announces 2023 Annual General Meeting

Management to Host Annual General Meeting on Friday, September 1, 2023, at 8:30 a.m. Eastern Time. Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated el...

CENN - Cenntro Electric Group Files Annual Report on Form 10-K and Regains Compliance with Nasdaq Filing Requirement

Company Expects to File Q1-23 Financial Results in July 2023 and Q2-23 Financial Results in August 2023 Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validat...

CENN - Renault Says EV Industry in Europe Faces a 'Chinese Storm'

The chairman of French vehicle maker Renault has expressed concerns that carmakers in Europe are confronted by an onslaught of electric vehicle exports from China, a country which also currently has a stranglehold on supplies of the key raw materials needed during the manufacture of EVs. Jean-D...

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