Cenntro Announces Launch of Its New Avantier Model
EU Type Approval for Avantier Commuter: Cenntro Inc. has launched the Avantier Commuter, an all-electric vehicle that has received EU M1 type approval, allowing it to be marketed and sold across all EU countries and other nations adopting EU vehicle standards.
Market Reception and Vehicle Features: The Avantier Commuter is designed for urban mobility with a compact design, seating for four, a power output of 50kw, and a range of up to 320 kilometers on a single charge; it has already seen positive market reception with 66 units sold since its introduction.
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Cenntro Receives 180-Day Extension to Comply with Nasdaq Minimum Bid Price Rule
Extension Granted: Cenntro Inc. has received a 180-day extension from Nasdaq to comply with the minimum $1.00 closing bid price requirement, now having until April 20, 2026, to meet this standard.
Compliance Requirements: To regain compliance, Cenntro must maintain a closing bid price of at least $1.00 per share for ten consecutive business days before the end of the extension period.
Previous Non-Compliance: The company was previously notified on April 25, 2025, that it was not in compliance due to its stock price being below $1.00 for thirty consecutive business days.
Company Overview: Cenntro is an electric commercial vehicle manufacturer focused on building a global supply chain and enhancing its product capabilities through advanced technologies.
Cenntro Signs Strategic Partnership Agreement with Electricove Maroc for EV Assembly in Morocco
Partnership Announcement: Cenntro Inc. has signed a strategic partnership with Electricove Maroc to assemble electric vehicles in Morocco for local and Northern African distribution, enhancing their longstanding relationship.
Support and Development: Cenntro will supply assembly kits and provide technical support to Electricove, which will establish a local assembly plant, receiving strong backing from Moroccan authorities and business organizations.