Business View Magazine | Volume 9, Issue 2

15 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 2 CENNTRO ELECTRIC GROUP ACHIEVES RECORD PRODUCTION MILE OF 1,623 ELECTRIC COMMERCIAL VEHICLES IN 2021 C enntro Electric Group Limited (NASDAQ: CENN), a leading EV technology company with advanced, market-validated electric commercial vehicles, recently announced that it achieved a record production milestone of 1,623 electric commercial vehicles (ECV) for 2021 and experienced its highest volume month of 628 ECV’s produced and shipped in December 2021. The Company also announced the introduction of four new vehicle models during fiscal 2021 and has received favorable reactions from its European and American channel partners and customers. Cenntro’s product portfolio includes Class 1 – Class 4 vehicles in addition to off-road offerings and, through its channel partner With the merger behind us and cash of $250 million, we are well positioned to build up our European operating center in Dusseldorf, Germany and assembly plant in Jacksonville, Florida OPENING L INES