Cenntro Electric Group Receives EU Compliance Certifications R155 And R156, Both Certifications Are Required For Vehicle Sales In The European Union Beginning In Q2 Of 2024
Portfolio Pulse from Benzinga Newsdesk
Cenntro Electric Group Limited (NASDAQ:CENN) has received the R155 and R156 EU compliance certifications, which are essential for vehicle sales in the EU starting Q2 2024. These certifications ensure that vehicles meet cybersecurity and software update standards. Cenntro's current models, LS100, LS200, and LS260, are now eligible to be sold in all EU countries, supporting the company's growth in the European market and its commitment to zero-emission initiatives.
December 27, 2023 | 3:11 pm
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Cenntro Electric Group Limited has received EU compliance certifications R155 and R156, which are mandatory for vehicle sales in the EU from Q2 2024. This positions Cenntro to continue selling its electric commercial vehicles in the EU, potentially boosting its market presence and sales in the region.
The acquisition of the R155 and R156 certifications is a significant regulatory milestone for Cenntro Electric Group, as it allows the company to continue its operations in the EU market, which is a large and growing market for electric vehicles. This news is likely to be viewed positively by investors and could lead to increased investor confidence in the company's ability to expand its market share in the EU. The certifications also align with the global trend towards stricter cybersecurity measures for vehicles, which could give Cenntro a competitive edge.
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