Cenntro receives 260 orders for new Logistar 210 electric vehicle

FREEHOLD, N.J. - Cenntro Inc. (NASDAQ:CENN), a commercial EV manufacturer with remarkable revenue growth of 234% in the last twelve months, has secured 260 orders for its newly introduced Logistar 210 (LS210) electric commercial vehicle during the first half of 2025, according to a company press release.

The LS210, designed to replace the previous LS200 model, has already been delivered to 12 customers in Europe since its launch earlier this year. The majority of the orders are slated for fulfillment in European and Southeast Asian markets. According to InvestingPro data, while the company shows promising operational expansion, it faces challenges with cash burn and profitability.

The vehicle is available in multiple configurations including cargo van, passenger van, and cargo truck, making it adaptable for various commercial applications.

"LS210 is a versatile model suited for various operational needs," said Peter Wang, Chairman and CEO of Cenntro in the statement.

The new model features what the company describes as significant upgrades in features, technology, and overall quality compared to its predecessor. Cenntro positions the LS210 as part of its lineup of purpose-built electric vehicles designed for commercial transportation.

Cenntro, which trades on the Nasdaq, describes itself as a provider of electric commercial vehicles with class 1 to class 4 trucks in its product range. The company states it is building a global supply chain along with manufacturing, distribution, and service capabilities for its vehicles.

The information in this article is based on a press release statement from Cenntro Inc. InvestingPro analysis suggests the stock is currently undervalued, with 12 additional real-time insights available to subscribers, including detailed financial health metrics and growth projections.

In other recent news, Cenntro Inc. has been actively expanding its product lineup and market reach. The company announced that it has received U.S. Environmental Protection Agency certification for its BM860H hydrogen fuel cell Class 8 semi-tractor. This vehicle, developed by Cenntro’s subsidiary Bison Motors Inc., offers an estimated driving range of up to 528 miles with zero emissions. Additionally, Cenntro launched its Avantier Commuter, an all-electric four-seat passenger vehicle, which has received European Union M1 type approval, allowing it to be marketed across all EU countries. Since its introduction, 66 units of the Avantier Commuter have been sold and delivered.

Furthermore, Cenntro delivered 71 special edition Logistar 450P electric buses to QEV Technologies, a Spanish mobility provider. These buses have received European Union M2 Type Approval, enabling their use for shuttle and public transportation services in Europe. The company plans to continue production to fulfill the remainder of QEV’s order and meet potential market demand. These developments highlight Cenntro’s efforts to strengthen its presence in the European market and its commitment to alternative fuel technologies.

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