Cenntro Secures Major Order for 200 All-Electric Vans in Europe
Cenntro Secures Major Order for Electric Vans
Cenntro Inc. (NASDAQ: CENN), a trailblazer in electric commercial vehicles, is excited to announce a significant milestone—an order of 200 special edition Logistar® 450P all-electric vans. This order comes from QEV Technologies, S.L., a leading vehicle provider in Spain.
Delivery and Specifications
Cenntro has confidently received a 30% deposit for the initial batch of 47 Logistar® 450P units. These vehicles are slated for delivery in the first quarter of 2025. The LS450P model, a result of a collaborative effort between QEV and Cenntro, has achieved European Union M2 Type Approval. This certification allows the LS450P to operate for short-distance shuttle services and public transportation, marking it as a remarkable offering for the European marketplace.
Innovation in Electric Vehicle Design
Peter Wang, the Chairman and CEO of Cenntro, expressed enthusiasm about this collaboration, stating, "The LS450P represents an exciting milestone in Cenntro's mission to provide innovative, sustainable transportation solutions. We are thrilled to collaborate with QEV Technologies on this project and to bring a versatile, eco-friendly solution to European markets." This model is not only an addition to Cenntro's existing lineup, but also embodies their commitment to advancing electric vehicle technology.
Growing Demand for Sustainable Transport
With an increasing global focus on sustainability, Cenntro is optimistic about the demand for purpose-built electric vehicles. The LS450 series, including the LS450P, is expected to see significant interest as countries and businesses worldwide adopt greener transportation practices.
About QEV Technologies
QEV Technologies is a public entity traded on the Euronext Amsterdam stock exchanges. With over two decades of experience in electric mobility and vehicle development, QEV is dedicated to research and development concerning the future of electric vehicles.
Cenntro's Commitment to Electric Vehicles
As an integral player in the electric vehicle market, Cenntro (NASDAQ: CENN) specializes in creating electric commercial vehicles tailored for various applications, spanning from class 1 to class 4 trucks. The company is establishing a global supply chain alongside robust manufacturing, distribution, and service mechanisms to enhance its innovative product suite. Cenntro continually evolves its technological capabilities, focusing on advanced battery systems, powertrains, and smart driving technologies.
Frequently Asked Questions
What is the significance of the LS450P model?
The LS450P model showcases Cenntro's dedication to providing sustainable and innovative solutions in electric transportation, primarily poised for the European market.
Who is the client for this order of electric vans?
The order was placed by QEV Technologies, S.L., a prominent vehicle provider based in Spain.
How many units will be initially delivered?
The first delivery will consist of 47 units of the Logistar® 450P model.
When are the electric vans expected to be delivered?
The units are scheduled for delivery in the first quarter of 2025.
What are the intended uses for the LS450P vans?
The LS450P is designed for short-distance shuttle services and public transportation, offering versatility in its applications.
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