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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...
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...
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...
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...
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...
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”)...
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 )...
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...
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...
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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Cenntro Inc. (NASDAQ: CENN) (“ Cenntro ” or “the Company ”), a leading electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announces Cenntro received a California Air Resources Board (“CARB”) ...
Sales data from June has revealed that Chinese electric vehicle exports to the European Union slowed down last month due to the EU’s new import tariffs on EVs manufactured in China. Although the tariffs were first introduced provisionally as EU and Chinese leaders discussed a way forwa...
New Facility Reinforces Cenntro’s Commitment to Serve West Coast EV Markets Cenntro Inc. (NASDAQ: CENN) (“ Cenntro ” or “the Company ”), a leading electric commercial vehicle company with advanced, market-validated, and purpose-built vehicl...