Press Release, 10 February 2025
Cenntro Inc. (“Cenntro” or “the Company”), which manufactures purpose built electric commercial vehicles, announced recently that it has delivered more than 1,000 autonomous driving delivery vehicles incorporating the iChassis 100 in the 2024 calendar year, to third-party contractors in China.
The iChassis 100 is a smart chassis platform designed and manufactured by Cenntro, serving as a foundational component for autonomous commercial vehicles. To support large-scale production, Cenntro developed dedicated autonomous vehicle production lines and testing facilities, enabling the manufacture of various autonomous commercial vehicles.
In 2024, Cenntro produced and delivered over 1,000 autonomous delivery trucks utilizing its smart chassis platform for third-party contractors. Following its initial production phase in 2023, the Company experienced strong demand for its iChassis platform and autonomous vehicle manufacturing capabilities, both in China and abroad. The company believes this achievement underscores the growing demand for Cenntro’s advanced, market-validated, and purpose-built autonomous vehicle platforms.
Reflecting on this achievement, Peter Wang, CEO of Cenntro Inc., stated:
“Following the pilot production of our iChassis products, we witnessed significant demand from third-party contractors in China. Our autonomous vehicle production capabilities and iChassis platforms are being embraced by this growing industry, and we are pleased with the strong reception.”
At present, Cenntro exclusively manufactures autonomous commercial vehicles for third-party contractors in China where the Company intends to expand its footprint, integrating their proprietary autonomous driving software and hardware.
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.
