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CENN News and Press, Cenntro Electric Group Limited From 05/18/24

Stock Information

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

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CENN - Consumers have a lower intent to buy electric vehicles than in the last three years

2024-05-18 07:00:00 ET More on auto stocks Tesla Is Selling More Than Cars With FSD Tesla: Challenges Remain Despite Improving Narrative General Motors: Lower Costs Lead To Higher EBITDA Forecast Tesla is reportedly considering data centers in China E...

CENN - US to Levy New Tariffs on Chinese EVs

The federal administration is poised to announce a series of new tariffs on goods imported from China, and battery electric cars will reportedly be a priority. A source with knowledge of the import tariff discussions said President Joe Biden’s government could announce the new levies as ...

CENN - More People Implore Biden to Lock Out Chinese EVs from US Market

A senior government official has urged President Joe Biden to take steps and prevent cheap Chinese electric vehicles from proliferating the nascent American electric vehicle sector. Chinese EVs are significantly more affordable compared to similar offerings from Western carmakers, thanks to mas...

CENN - Cenntro Electric Group reports Q4 results

2024-04-01 17:11:31 ET More on Cenntro Electric Group Financial information for Cenntro Electric Group Read the full article on Seeking Alpha For further details see: Cenntro Electric Group reports Q4 results

CENN - Cenntro Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Q4 2023 Net Revenue Increased 376% to $8.6 million Q4 Number of Vehicles Sold Increased by 148% to 1,135 Vehicles Q4 Gross Profit Margin Increased 2,500 bps to 2.3% from a loss of -22.7% Cenntro Inc. (NASDAQ: CENN) (“Cenntro” or “the Company ...

CENN - Tesla to Bump Up Model Y Prices in Selected European Markets

Texas-based electric vehicle giant Tesla has announced that it will increase Model Y prices in select European markets by around $2,177 beginning on March 22, 2024. The announcement comes just days after Tesla said on social media platform X that it would raise prices for the Model Y electric c...

CENN - Cenntro Electric Group Limited Announces Imminent Implementation of the Scheme of Arrangement

Cenntro Electric Group Limited (NASDAQ: CENN) (“ 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 Cenntr...

CENN - Israeli Startup to Commercialize EV Battery That Can Recharge in Four Minutes

An Israeli startup is promising to deliver extremely fast-charging electric vehicle batteries that can add 100 miles of range in only four minutes. Current electric vehicle batteries are known for their limited range, especially in lower-end electric cars. The average electric car will take f...

CENN - Cenntro Electric Group Limited Announces Approval of the Scheme of Arrangement by the Supreme Court of New South Wales

Cenntro Electric Group Limited (NASDAQ: CENN) (“ 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 C...

CENN - Cenntro Electric Group Announces Adjourned Second Court Hearing and Revised Scheme Timetable

Cenntro Electric Group Limited (NASDAQ: CENN) (“ 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 Cenntr...

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