What’s Happening: Cenntro Electric Group Limited, a leading EV technology company, has announced the start of production of three of its electric commercial trucks at a new assembly facility in Jacksonville, FL. The facility will handle electric vehicle assembly, upfitting, and pre-delivery inspections.
Why It Matters: The launch of production at the new assembly facility is a significant milestone for Cenntro Electric Group. The company has been preparing for this moment for over 15 months, renovating the facility, preparing the assembly line, and ensuring regulatory compliance. With production now underway, the company is well-positioned to meet the strong market demand for its electric commercial vehicles in the Southeastern region of the US and Central America.
Key Points:
- Cenntro Electric Group has launched production of its LS400, Teemak, and Metro electric commercial trucks at a new assembly facility in Jacksonville, FL.
- The facility will handle electric vehicle assembly, upfitting, and pre-delivery inspections.
- Vehicles assembled at the Jacksonville facility will serve the Southeastern region of the US and Central America.
- Cenntro Electric Group expects to begin delivering vehicles assembled at the Jacksonville facility to customers next month.
- The company has established production and assembly at five facilities globally, including EV centers in the US, Poland, Germany, Spain, Morocco, and the Dominican Republic.
Bottom Line: Cenntro Electric Group’s launch of production at its new assembly facility in Jacksonville, FL, marks a significant milestone for the company. With strong market demand for its electric commercial vehicles in the Southeastern region of the US and Central America, the company is well-positioned to capture US market share in the years ahead. The company’s continued expansion of production and assembly facilities globally aligns with its go-to-market strategy for new growth.
