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NASDAQ:CENN

Cenntro 11/12/2024 Earnings Report

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$0.67 +0.00 (+0.09%)
As of 01:16 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Cenntro EPS Results

Actual EPS
-$0.29
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Cenntro Revenue Results

Actual Revenue
$16.73 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Cenntro Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Cenntro Earnings Headlines

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Cenntro Announces Launch of Its New Avantier Model
Cenntro Inc.
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About Cenntro

Cenntro (NASDAQ:CENN) Electric Group Limited is a global developer and manufacturer of commercial electric vehicles, specializing in last‐mile delivery trucks, forklifts and cargo handling equipment. Founded in 2015 and headquartered in Zhenjiang, China, the company operates across the entire value chain from research and development to production, sales and after-market support. Cenntro’s product portfolio is designed to meet the needs of urban logistics, port operations and warehouse management, offering electric solutions that emphasize efficiency, reliability and environmental sustainability.

The company’s flagship offerings include its e-Work series of electric delivery trucks, which feature modular battery platforms and advanced telematics for real‐time fleet monitoring, as well as its e-Lift and e-Cargo forklift lines, tailored for indoor and outdoor material handling. Cenntro’s innovation efforts extend to lightweight chassis design, regenerative braking systems and digital fleet management software. Manufacturing facilities in Zhenjiang and assembly partnerships in North America and Europe enable the company to scale production rapidly and adapt its vehicles to regional regulations and operational requirements.

Cenntro serves a diverse customer base across Asia‐Pacific, North America, Europe and the Middle East, with applications in urban logistics, retail distribution, port terminals and intra‐facility transport. The company’s go‐to‐market strategy includes direct sales, strategic partnerships with local distributors and value‐added services such as leasing, maintenance programs and operator training. By aligning its product roadmap with global decarbonization trends and local emission standards, Cenntro aims to capture growing demand for zero-emission commercial vehicles in both developed and emerging markets.

Leadership at Cenntro is led by Chief Executive Officer Jason Li, a veteran in the electric vehicle sector with over two decades of experience in product development and international business expansion. The executive team combines expertise in automotive engineering, supply chain management and financial strategy to drive the company’s growth objectives. Cenntro’s board of directors includes industry veterans and independent members who oversee corporate governance and guide the company’s long-term vision toward sustainable mobility solutions.

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