Cenntro Inc (The Corporation)
cenntroauto.comWhat Do They Do?
Designs, manufactures, distributes and services electric and hydrogen-powered commercial vehicles for fleet and municipal organizations, and supplies programmable chassis platforms for commercial vehicle applications.
10-K for FY2025, filed Apr 15, 2026
How Do They Make Money?
Customers pay for light-duty electric commercial vehicles, vehicle parts and off-road electric vehicles, with sales settled in cash within the normal credit period.
$18.1M
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10-K for FY2025, filed Apr 15, 2026
$18.1M ↗
Who Are Their Customers?
Fleet and municipal organizations can buy through company EV Centers, dealers and distributors; in selected markets, channel partners buy fully assembled vehicles for local resale under their own brands.
10-K for FY2025, filed Apr 15, 2026We are an emerging designer, manufacturer, distributor, and service provider of commercial vehicles powered by either electricity or…View ↗
We distribute and sell our products directly by our corporate sales department or by our local EV Centers. We also distribute and sell our…View ↗
In selected markets, we continue to leverage our channel partner network to distribute our ECVs around the world. Through this network, we…View ↗
Do Revenues Turn Into Profits?
No. It lost $73M in FY2025.
10-K for FY2025, filed Apr 15, 2026
How Are They Changing?
Regional sales channels
The earlier report described a move toward company-run EV Centers and local dealers. The latest report describes a regional mix: partner-led distribution in Europe and dealer-led sales supported by company-run centers in North America.
10-K for FY2022, filed Jun 30, 2023 10-K for FY2025, filed Apr 15, 2026Our distributed manufacturing model allows us to focus our efforts on the design of ECV models and related technologies while outsourcing…View ↗
During 2024 and 2025, the Company refined its distribution strategy to better align with regional market developments and long-term capital…View ↗
Passenger-car offering
The earlier report described a lineup of commercial vehicles; the latest adds the Avantier Commuter as the company’s first passenger car, aimed at young urban buyers.
10-K for FY2022, filed Jun 30, 2023 10-K for FY2025, filed Apr 15, 2026We are an emerging designer, manufacturer, distributor, and service provider of commercial vehicles powered by either electricity or…View ↗
Avantier Ex can be used for both urban commercial applications and city mobility. Avantier Ex can be configurated as a two-seater with a…View ↗
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