Cenntro Electric Group Announces Delivery Of More Than 250 Autonomous Driving Delivery Vehicles In China To Zelos (Suzhou) Technology Co., Ltd.
Portfolio Pulse from Benzinga Newsdesk
Cenntro Electric Group Limited (NASDAQ:CENN) has delivered over 250 autonomous delivery vehicles to Zelos (Suzhou) Technology Co., Ltd. in China. These vehicles, manufactured by Cenntro's subsidiary Zhejiang Cenntro Machinery Co., Ltd., are equipped with Cenntro's iChassis technology and Zelos' autonomous driving software. They are designed for urban delivery and can navigate traffic in real-time. This marks a significant milestone for Cenntro in the commercial deployment of autonomous delivery solutions.
December 11, 2023 | 1:34 pm
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Cenntro Electric Group's delivery of over 250 autonomous vehicles to Zelos in China demonstrates progress in their commercial vehicle offerings and may positively influence investor sentiment.
The delivery of a significant number of autonomous vehicles indicates successful production capabilities and the potential for increased revenue. This news is likely to be viewed positively by investors, as it reflects the company's growth in the electric vehicle market and its ability to meet commercial demands. The direct involvement of Cenntro's technology in these vehicles also suggests a competitive edge in the industry.
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