Cenntro Electric Group Launches In-House Assembly of Lithium Iron Phosphate Battery Packs

FREEHOLD, N.J. – Cenntro Electric Group Limited, a leading electric vehicle (EV) technology company, has announced the start of battery pack assembly and production using lithium iron phosphate (LFP) battery cells and its proprietary battery management technologies. The battery packs will be assembled at Cenntro’s facilities in Freehold, NJ and Herne, Germany.

The battery packs are expected to offer longer cycle life and faster charging times, while ensuring safer operations. They will be installed in Cenntro’s Metro Series commercial vehicles to begin with. The company aims to improve supply chain efficiency and battery resilience with this move, and have better control over one of the most critical elements in its supply chain.

“Our ability to support multiple battery assembly operations demonstrates our effort and commitment to promoting local sourcing and local production,” said Peter Wang, Chairman and CEO of Cenntro Electric Group Limited.

The assembly of the battery packs will initially use battery cells sourced from external suppliers. However, Cenntro plans to develop additional battery packs for its product line and incorporate battery cells produced by its subsidiary Cennatic Power, Inc. in the future.

ABOUT

Cenntro Electric Group Ltd. is a leading designer and manufacturer of electric light and medium-duty commercial vehicles. Cenntro’s purpose-built ECVs are designed to serve a variety of organizations in support of city services, last-mile delivery, and other commercial applications. The company has committed to lead the transformation of commercial fleets to zero-emissions vehicles and develop a full line of zero-emission commercial vehicles through scalable, decentralized production, and smart driving solutions powered by the Cenntro iChassis.

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