Cenntro Establishes Assembly and Distribution Facility in Ontario, California

FREEHOLD, N.J.–(BUSINESS WIRE)–Cenntro Inc. (NASDAQ: CENN), a leading electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced the establishment of a California-based electric vehicle production and distribution assembly facility to support expanding sales in the United States west coast market.

Cenntro’s Ontario, California assembly and distribution facility supports production operations with a strong focus on the U.S. west coast market. Our California facility has full-scale production capabilities for the LS400 and Metro vehicle models sold in the U.S.

As of June of this year, the California facility has assembled and delivered over three dozen LS400 units to west coast customers. Production from this facility, with its shortened time from the port to the facility supports our North American sales initiatives and provides our west coast customers the opportunity to electrify their fleet more efficiently. Cenntro will continue production of the LS400 and Metro vehicle models at its assembly facility in Howell, New Jersey to serve the east coast of the U.S. while it is winding down operations at its Jacksonville facility in Florida.

“With our expanded production capacity in California, Cenntro is positioned for more efficient delivery our EVs to the west coast market. With this strategic shift, we intend to continue driving sales by improving our production capability and providing fleet customers with the ability to electrify their fleet, reduce their carbon footprint, and significantly lower their cost of operations,” said Peter Wang, Chairman and CEO of Cenntro.

About Cenntro

Cenntro (NASDAQ: CENN) is a leading 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.