- Shares of Cenntro Electric Group ( NASDAQ: CENN ) gained edged higher on Wednesday after the EV tech firm announced that its first Logistar 100 electric van has rolled off the production line, with delivery scheduled to begin in Sep 2022.
- The compact light cargo van will initially roll out to Europe followed by launches in Asia, the Caribbean, and South America markets.
- Designed to serve diverse commercial applications, the van has a cargo capacity of 73.3 cubic feet and offers range of 74 miles.
- Shares of CENN are up around 3% following market open
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Cenntro Electric's first Logistar 100 electric van rolls off production line