Cenntro Receives Order for 2,000 Metro Electric Commercial Vehicles in Japan End Customers Include Amazon Fleet and Hana Cupid
Cenntro Automotive has secured a significant order of 2,000 Metro electric vehicles from HW ELECTRO in Japan, marking a major sales milestone. This follows the Metro's approval as the first imported Kei car-type electric vehicle, with deliveries slated to start in January 2022. The vehicles will serve logistics partners, including Amazon Fleet and Hana Cupid, enhancing last-mile delivery capabilities. The deal positions Cenntro advantageously in Japan's growing electric vehicle market.
- Order of 2,000 electric vehicles signifies a major sales milestone in Japan.
- Metro approved as the first non-Japanese all-electric Kei car, enhancing market positioning.
- Partnerships with major companies like Amazon and Hana Cupid support significant deployment.
- None.
Recently Approved Kei Car Type Order Represents Major Milestone for Sales in Japan
FREEHOLD, N.J., Nov. 29, 2021 (GLOBE NEWSWIRE) -- Cenntro Automotive (“Cenntro”, the “Company” or “We”), a leading EV technology company with advanced, market-validated commercial vehicles, today announced it has received an order of 2,000 Metro (Kei Car Type) electric vehicles from its channel partner in Japan, HW ELECTRO, with deliveries expected to begin in January 2022.
The order follows the recent announcement of Cenntro’s Metro receiving Kei car approval as the first imported, non-Japanese made, all-electric commercial vehicle. The Metro order will be deployed to support last-mile delivery and logistics companies including Amazon Fleet, Amazon’s local delivery partner in Japan, and Hana Cupid, Japan’s largest floral gifting association. Amazon Fleet is currently supported by 2,000 dedicated vehicles in Tokyo and Hana Cupid has a network of 4,500 member stores in Japan.
“HW ELECTRO has established deep relationships with renowned companies in Japan’s transportation and logistics sector. They are an excellent strategic partner to introduce our vehicles throughout the country,” said Peter Wang, Cenntro's Chairman and Chief Executive Officer. “This purchase order represents a significant milestone for Cenntro in Japan, one of our key strategic markets. Japan has historically been a bellwether for new transportation and logistics trends and the initial order for 2,000 vehicles for end customers like Tokyo’s Amazon Fleet and Hana Cupid represents a significant market opportunity. The approval of Cenntro’s Metro electric Kei car ahead of local brands provides us a substantial advantage in the growing last-mile delivery sector in Japan. We expect continued strong interest in the Metro and growing sales momentum ahead.”
HW ELECTRO was an early advocate for "Electric-Mobility-Innovation" in Japan and through its partnership with Autobacs, a leading Japanese vehicle dealership, the firm is confident the Metro, locally called the ELEMO-K, will lead fleets to further integrate EVs into their operations.
About Cenntro Automotive Group
A leading EV technology company with advanced, market-validated commercial vehicles, which has entered into a definitive merger agreement with Naked Brand Group Limited (NASDAQ: NAKD) with Cenntro’s shareholders to own approximately
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FAQ
What recent order did Cenntro Automotive receive?
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