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Cenntro Facility in Herne, Germany Begins Assembly of Metro and TeeMak Models

FREEHOLD, N.J.--(BUSINESS WIRE)-- Cenntro Electric Group Limited (NASDAQ: CENN), a leading EV technology company with advanced, market-validated electric

articleCenntro Inc.November 8, 20223/company/cenntro-electric-group-ltd/news/cenntro-facility-in-herne-germany-begins-assembly-of-metro-and-teemak-models
Cenntro Facility in Herne, Germany Begins Assembly of Metro and TeeMak Models

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[{"type":"text","content":" FREEHOLD, N.J.--(BUSINESS WIRE)--\nCenntro Electric Group Limited (NASDAQ: CENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, today announced that its facility in Herne, Germany, acquired through its acquisition of Cenntro Automotive Europe, has completed its production transition and had begun assembly of two Cenntro models, the Metro and the TeeMak.\n\nThis latest expansion is one of several milestones that Cenntro has made in recent months. In addition to expansion of its manufacturing facilities, Cenntro has recently launched two new models, the Logistar 100 and the Logistar 260, and commenced deliveries of the Logistar 200 in Europe.\n\n“We’re very pleased to announce the full transition of the first two lines at the Herne facility,” said Peter Wang, Cenntro Chairman and CEO. “The Herne facility will allow us to meet the growing market demands of our European customers.”\n\nThe Herne facility is comprised of an assembly area and engineering center, along with several acres designated for product storage. While the Herne facility is initially set up to assemble the Metro and TeeMak, Cenntro anticipates adding assembly of vehicles from the Logistar line and the Antric One Cargo Bicycle in the near future.\n\n“Assembling the Metro and the TeeMak at the Herne facility enables Cenntro to better align our vehicles with our customers’ demands,” continued Wang. “Through the addition of this strategic assembly location, Cenntro can remain at the forefront of industry by providing increased capacity and outstanding customer service for both current and prospective partners.”\n\nAbout Cenntro Automotive Europe\n\nCenntro Automotive Europe, formerly known as Tropos Motors Europe, offers a wide range of electric commercial vehicles for urban and rural areas, internal transport and almost any application. Whether cities and municipalities, delivery services, courier, express and parcel service providers, food trade, facility management, gardening and landscaping, tourism, industry and intralogistics, amusement parks or zoos. Our locally emission-free electric transporters can easily replace combustion engine commercial vehicles on short and medium-haul routes. www.cenntro-motors.eu\n\nAbout Cenntro Electric Group\n\nCenntro Electric Group Ltd. (or \"Cenntro\") (NASDAQ: CENN) is a leading...

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