FREEHOLD, N.J.--(BUSINESS WIRE)--Jun 27, 2024--
Cenntro Inc. (NASDAQ: CENN) (“ Cenntro ” or “the Company ”), a leading electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced its newest Logistar series model, the Logistar® 210 (“ LS210 ”) is to be sold in European and other global markets.
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The LS210 is a next generation commercial van with European N1 type approval and follows Cenntro’s December 2023 approval for the EU’s required Certificate of Compliance for Cybersecurity Management System (UN Regulation number: R155) and Certificate of Compliance for Software Update Management System (UN Regulation number: R156). These certifications provide frameworks and standards for vehicle original equipment manufacturers (“ OEMs ”) requiring vehicles to be designed with cybersecurity that maintains the safety and security of the vehicle and its passengers.
Cenntro’s LS210, a light duty electric commercial vehicle customized for transporting light goods in urban areas, replaces the LS200 because it meets these new European regulations. The LS210 model comes with advanced features, such as advanced driver-assistance system, crash avoidance, and lane assist. This new LS210 model also provides the option for both left-hand and right-hand drive capabilities, enhanced range and more efficient charging.
“We are working diligently to develop new vehicle models to align with the demands of the market,” said Peter Wang, CEO. “In keeping pace with new technologies, we will continue to develop models with enhanced features and continuously improve vehicle quality to meet the needs of our customers,” Wang concluded.
About Cenntro
Cenntro (NASDAQ: CENN) is a leading maker and provider of electric commercial vehicles (“ ECVs ”). Cenntro's purpose-built ECVs are designed to serve a variety of commercial applications inclusive of its line of class 1 to class 4 trucks. Cenntro is building a globalized supply-chain, as well as the manufacturing, distribution, and service capabilities for its innovative and reliable products. Cenntro continues to evolve its products capabilities through advanced battery, powertrain, and smart driving technologies. For more information, please visit Cenntro's website at: www.cenntroauto.com.
Forward-Looking Statements
This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may be, but need not be, identified by words such as "may," "believe," "anticipate," "could," "should," "intend," "plan," "will," "aim(s)," "can," "would," "expect(s)," "estimate(s)," "project(s)," "forecast(s)," "positioned," "approximately," "potential," "goal," "strategy," "outlook" and similar expressions. Examples of forward-looking statements include, among other things, statements regarding assembly and distribution capabilities, decentralized production, and fully digitalized autonomous driving solutions. All such forward-looking statements are based on management's current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact Cenntro’s forward-looking statements, please see disclosures contained in Cenntro's public filings with the SEC, including the "Risk Factors" in Cenntro's Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 1, 2024 and which may be viewed at www.sec.gov.
Cenntro Logistar® 210 (Photo: Business Wire)
BALTIMORE (AP) — Rookie Heston Kjerstad hit a fifth-inning grand slam to put Baltimore ahead for good, and the Orioles held off the Texas Rangers 6-5 on Saturday night for their fourth straight victory.
Baltimore trailed 2-1 before using a double and two walks to load the bases for Kjerstad, who sent a 1-1 pitch from Michael Lorenzen (4-4) over the center-field wall. It was the fourth career homer and first slam for Kjerstad, the No. 2 pick in the 2020 draft.
Anthony Santander also homered for the Orioles, who took a one-game lead in the AL East over the New York Yankees. Baltimore has hit 60 home runs in June, an Orioles record for most in one month.
Corey Seager, Derek Hill, Nathan Lowe and Adolis García went deep for the Rangers, who have lost six straight for the second time this season.
Seager left in the fifth inning after being struck by a pitch on his left wrist thrown by rookie Cade Povich. The Rangers said X-rays on the wrist were negative, and the four-time All-Star will be re-evaluated on Sunday.
The defending World Series champions have dropped eight in a row on the road. Texas is nine games below .500 (37-46) for the first time since the end of the 2022 season.
Povich (1-2) allowed two runs and five hits in five innings to earn his first major league victory.
Texas closed to 5-4 when Lowe hit a two-run drive off Bryan Baker in the sixth, but Santander tacked on an RBI double in the seventh.
After García hit his team-leading 16th homer for Texas in the eighth, the Rangers put two on with two outs before Jonah Heim's deep fly to center was hauled in at the warning track.
Craig Kimbrel retired García on a flyball with two runners on in the ninth to end the Rangers' comeback bid and earn his 19th save.
Santander offset Seager's first-inning solo shot with one of his own leading off the second, his 22nd of the season and 13th in June.
Hill put Texas up 2-1 in the fourth with his first homer since 2022 and only his fifth in 299 career at-bats.
One inning later, Kjerstad thrilled the sellout crowd with his momentum-shifting grand slam. Soon after reaching the dugout, the 25-year-old put his blond curls on display by doffing his cap in response to a request for a curtain call.
TRAINER'S ROOM
Rangers: Three-time Cy Young Award winner Max Scherzer was in good spirits less than 24 hours after pitching into the sixth inning on Friday night in his second start since returning from the IL. He had been sidelined by back, thumb and shoulder issues. “I'm feeling much better. My thumb is getting where it needs to be,” Scherzer said Saturday. “It's been miserable these past two months. My radial nerve has been really bad, too. I don't want to get too far ahead of myself on this, but it does feel like I'm starting to turn the corner.” ... 3B Josh Jung, who has been on the injured list since April 2 with a fractured wrist, was supposed to take batting practice on Saturday. But the Rangers decided to push that back a few days because the injury “hasn't quite calmed down yet,” manager Bruce Bochy said.
Orioles: C Adley Rutschman returned to the lineup after sitting out Friday's game with a finger injury from when he was struck by a foul ball Thursday night. ... 2B Jordan Westburg was back after missing Friday's game with a sore knee. ... OF Austin Hays missed a fourth straight game after hurting his knee on the warning track Tuesday against Cleveland.
UP NEXT
Baltimore will try to complete a four-game sweep on Sunday night, when Texas LHP Andrew Heaney (2-9, 4.17 ERA) starts against Cole Irvin (6-4, 3.74 ERA).
AP MLB: https://apnews.com/hub/mlb
Baltimore Orioles pitcher Cade Povich, left, looks on after surrendering a solo home run to Texas Rangers' Corey Seage, right,r during the first inning of a baseball game, Saturday, June 29, 2024, in Baltimore. (AP Photo/Terrance Williams)
Texas Rangers' Corey Seager watches his solo home run off Baltimore Orioles pitcher Cade Povich during the first inning of a baseball game, Saturday, June 29, 2024, in Baltimore. (AP Photo/Terrance Williams)
Texas Rangers pitcher Michael Lorenzen throws during the second inning of a baseball game against the Baltimore Orioles, Saturday, June 29, 2024, in Baltimore. (AP Photo/Terrance Williams)
Baltimore Orioles pitcher Cade Povich throws during the first inning of a baseball game against the Texas Rangers, Saturday, June 29, 2024, in Baltimore. (AP Photo/Terrance Williams)
Texas Rangers center fielder Derek Hill makes a diving catch on a ball hit by Baltimore Orioles' Adley Rutschman during the first inning of a baseball game, Saturday, June 29, 2024, in Baltimore. (AP Photo/Terrance Williams)
Texas Rangers' Corey Seager, right, is greeted by Josh Smith (8) after hitting a solo home run off Baltimore Orioles pitcher Cade Povich during the first inning of a baseball game, Saturday, June 29, 2024, in Baltimore. (AP Photo/Terrance Williams)
Baltimore Orioles' Anthony Santander, right, celebrates with Jordan Westburg (11) after hitting a solo home run off Texas Rangers pitcher Michael Lorenzen during the second inning of a baseball game, Saturday, June 29, 2024, in Baltimore. (AP Photo/Terrance Williams)
