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Cenntro Electric Group Unveils its iChassis Autonomous Driving Vehicle at CES 2022

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Cenntro Electric Group (NASDAQ:NAKD) announced the launch of its autonomous iChassis vehicle, aimed at revolutionizing last-mile delivery and municipal services, with production set to begin in Q1 2023. The company garnered significant interest from major national chains in the food, beverage, and parcel delivery sectors. The iChassis, powered by Cenntro's Smart App, supports diverse applications, enhancing efficiency and reducing costs in logistics management. Cenntro has already delivered 3,300 commercial EVs across 26 countries as of December 2020, positioning itself as a leader in the EV technology market.

Positive
  • Strong interest from multiple national chains in the food & beverage and parcel delivery sectors.
  • Production of iChassis set to begin in Q1 2023, indicating timely market entry.
  • The iChassis integrates with third-party applications, expanding its market potential.
  • Cenntro has successfully sold and delivered 3,300 commercial EVs in over 26 countries.
Negative
  • None.

The Future of Commercial Autonomous Driving Applications for Last Mile Delivery & Municipal Services to be Launched in the First Quarter of 2023

Company Receives Strong Interest from Multiple National Chains Across Food & Beverage & Parcel Delivery Services

FREEHOLD, NJ / ACCESSWIRE / January 7, 2022 / Cenntro Electric Group Limited (NASDAQ:NAKD), a leading EV technology company with advanced, market-validated commercial vehicles unveiled its state of the art autonomous vehicle, the iChassis skateboard at the 2022 Consumer Electronics Show (CES).

The iChassis was engineered to redefine last mile delivery and supports new efficiencies for packages, good and services as well as related municipal services. The iChassis is operated by Cenntro's Smart App, a fully digitalized proprietary driving control system, powered by chips developed by Cenntro. Cenntro's Smart App can integrate with operating systems from Tier One OS providers.

Cenntro's iChassis integrates with third-party apps for different vertical uses including autonomous driving for municipal services from package delivery, mobile vending machine and delivery, city sanitation, city surveillance, auto transportation, and rescue services. iChassis production will begin by Q1 2023.

The iChassis opens a world of possibilities beyond everyday logistics

"The iChassis is revolutionary in logistics management resulting in efficiencies in both time and money," said Peter Wang, CEO of Cenntro Electric Group. "The reaction to the iChassis has been extraordinary. We have received interest from parcel delivery, food and beverage services, and grocery retail chains interested in mobile lockers that deliver on-demand to the customer's front door. The iChassis applications are only limited by one's imaginations."

About Cenntro Electric Group

CEG is a leading EV technology company with advanced, market-validated commercial vehicles. Cenntro leads the transformation in the automotive industry through scalable, decentralized production and fully digitalized autonomous driving solutions empowered by the Cenntro iChassis. Cenntro has sold and delivered 3300 commercial EVs in more than 26 countries as of December 2020. For more information about the company, please visit www.cenntroauto.com.

Investor Contact:

Chris Tyson
MZ North America
chris.tyson@mzgroup.us
949-491-8235

For further information:

Media Contact
PR@cenntroauto.com

SOURCE: Naked Brand Group Limited



View source version on accesswire.com:
https://www.accesswire.com/681395/Cenntro-Electric-Group-Unveils-its-iChassis-Autonomous-Driving-Vehicle-at-CES-2022

FAQ

What is Cenntro Electric Group's new product launched in January 2022?

Cenntro Electric Group launched the iChassis, an autonomous vehicle designed for last-mile delivery and municipal services.

When will the production of the iChassis begin?

Production of the iChassis is set to begin in Q1 2023.

Which sectors showed interest in Cenntro’s iChassis?

National chains in the food, beverage, and parcel delivery sectors expressed strong interest in the iChassis.

What is the significance of Cenntro's Smart App for the iChassis?

The Smart App is a proprietary digital driving control system that enhances operational efficiency and integrates with Tier One OS providers.

How many commercial EVs has Cenntro delivered to date?

As of December 2020, Cenntro has sold and delivered 3,300 commercial EVs across more than 26 countries.

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