Name | Value |
---|---|
Revenues | 3.5M |
Cost of Revenue | 3.3M |
Gross Profit | 0.2M |
Operating Expense | 10.8M |
Operating I/L | -10.6M |
Other Income/Expense | -0.5M |
Interest Income | 0.1M |
Pretax | -11.1M |
Income Tax Expense | -0.2M |
Net Income/Loss | -11.0M |
Cenntro Electric Group Limited specializes in designing and manufacturing electric light and medium-duty commercial vehicles for corporate and governmental organizations across Europe, North America, and Asia. The company's primary revenue stream comes from the sale of its electric vehicles, catering to the growing demand for sustainable transportation solutions. With a focus on electric mobility, Cenntro Electric Group Limited aims to address the evolving needs of businesses and government entities seeking environmentally friendly and cost-effective commercial vehicle options.