Cenntro Begins Production of Battery Packs in United States and Germany Facilities

Cenntro Electric Group Limited has begun to assemble and produce battery packs using lithium iron phosphate (“LFP”) battery cells and Cenntro’s proprietary battery management technologies. The battery packs are being assembled at Cenntro’s Freehold, NJ facility and the Herne Plant in Germany.

The resulting battery packs will offer longer cycle life and faster rates of charge, along with safer operations. The battery packs will initially be installed in Cenntro’s Metro Series commercial vehicles.

“By manufacturing our own battery packs, we hope to enhance supply chain efficiency, improve battery resilience, and ultimately have better control over one of the most strategic elements in our supply chain,” said Peter Wang, Chairman, and CEO. “Our ability to support multiple battery assembly operations demonstrates our effort and commitment to promoting local sourcing and local production.”

The in-house assembly of the battery packs will initially utilize externally sourced battery cells. Cenntro will continue developing additional battery packs for its product line and, in the future, incorporate battery cells produced by its subsidiary Cennatic Power, Inc.

Blagojce Krivevski

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