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Cenntro Announces Orders for 260 Newly Introduced Logistar® 210 Model

Cenntro Announces Orders for 260 Newly Introduced Logistar® 210 Model

Business Wire15-07-2025
FREEHOLD, N.J.--(BUSINESS WIRE)-- Cenntro Inc. (NASDAQ: CENN) ('Cenntro' or 'the Company'), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced it received 260 orders for its newly introduced Logistar® 210 ('LS210') model during the first half of 2025.
The LS210 is Cenntro's next-generation model, designed to replace the previous LS200 with significant upgrades in features, technology, and overall quality. Since its official launch earlier this year, Cenntro has sold and fulfilled delivery for 12 LS210 units to customers in Europe.
Orders for the LS210 have primarily been placed for fulfillment in the European and Southeast Asian markets. The LS210 is available in multiple configurations, including cargo van, passenger van, and cargo truck, making it adaptable for a wide range of commercial applications.
'LS210 is a versatile model suited for various operational needs,' said Peter Wang, Chairman and CEO of Cenntro. 'We're pleased with the strong response from customers across multiple regions.'
The LS210 continues Cenntro's commitment to providing purpose-built electric vehicles that meet the evolving needs of global commercial transportation.
About Cenntro
Cenntro (NASDAQ: CENN) is a pioneering maker and provider of electric commercial vehicles ('ECVs'). Cenntro's purpose-built ECVs are designed to serve a variety of commercial applications inclusive of its line of class 1 to class 4 trucks. Cenntro is building a globalized supply-chain, as well as the manufacturing, distribution, and service capabilities for its innovative and reliable products. Cenntro continues to evolve its products capabilities through advanced battery, powertrain, and smart driving technologies. For more information, please visit Cenntro's website at: www.cenntroauto.com.
Forward-Looking Statements
This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may be, but need not be, identified by words such as "may," "believe," "anticipate," "could," "should," "intend," "plan," "will," "aim(s)," "can," "would," "expect(s)," "estimate(s)," "project(s)," "forecast(s)," "positioned," "approximately," "potential," "goal," "strategy," "outlook" and similar expressions. Examples of forward-looking statements include, among other things, statements regarding assembly and distribution capabilities, decentralized production, and fully digitalized autonomous driving solutions. All such forward-looking statements are based on management's current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact Cenntro's forward-looking statements, please see disclosures contained in Cenntro's public filings with the SEC, including the "Risk Factors" in Cenntro's Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 1, 2025 and which may be viewed at www.sec.gov.
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