Cenntro to Participate in CES 2022, the World’s Largest Consumer Technology Event, in Las Vegas, NV

Rhea-AI Summary

Cenntro Automotive will showcase its innovative iChassis at the 2022 Consumer Electronics Show (CES) in Las Vegas from January 5-8, 2022. The iChassis, featuring autonomous driving capabilities, is a key component in redefining last-mile delivery and urban mobility. Production is set to begin in Q1 2023. Cenntro aims to enhance services such as package delivery and city sanitation through its Smart App technology. The company, which has a merger agreement with Naked Brand Group (NAKD), has delivered over 3,300 commercial EVs in 26 countries as of December 2020.

Cenntro’s iChassis – The Future of Autonomous Driving – to be Showcased

FREEHOLD, N.J., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Cenntro Automotive (“Cenntro”, the “Company” or “We”), a leading EV technology company with advanced, market-validated commercial vehicles, today announced that it will participate in the upcoming 2022 Consumer Electronics Show (CES), the world’s largest consumer technology trade show, to be held January 5-8, 2022 in Las Vegas.

The Company will showcase its new EV models and state-of-the-art smart chassis, the iChassis. The iChassis is a “Skateboard” platform that redefines last-mile delivery and urban service with built-in autonomous driving capabilities. The iChassis operates on Cenntro’s Smart App, a fully digitalized driving control platform powered by Cenntro’s proprietary technology.

Cenntro’s Smart App technology integrates with the Cenntro iChassis for different vertical applications including autonomous driving for municipal services from package delivery, mobile vending machine and delivery, city sanitation, city surveillance, auto transportation, and rescue services. Production of the iChassis will commence in Q1 2023.

"CES is the largest and most anticipated event in the tech space and we are excited to exhibit our latest products,” stated Peter Wang, Cenntro's Chairman and Chief Executive Officer. “As a company dedicated to advancing the future of mobility, we are proud to showcase our logistics solutions for autonomous delivery. We are confident that Cenntro’s product portfolio is well-positioned to become a critical provider of urban autonomous mobility."

Members of Cenntro’s executive team will attend CES 2022 and industry analysts can schedule a meeting with Cenntro, and learn more about the Company and its products at booth 5405 in the West Hall of the Las Vegas Convention Center from January 5-8, 2022.

Please contact ir@cenntroauto.com to schedule a meeting with Cenntro at CES trade show 2022.

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 70% of the combined entity on a fully-diluted basis. 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 Dec 2020. For more information about the company, please visit www.cenntroauto.com.

For further information:

Investor Contact

IR@cenntroauto.com 

Media Contact

PR@cenntroauto.com 

Photos accompanying this announcement are available at: 

https://www.globenewswire.com/NewsRoom/AttachmentNg/d3eed995-8abf-4870-83c2-9d4e8871a28f

https://www.globenewswire.com/NewsRoom/AttachmentNg/5595a0bc-1743-48f4-af34-d9a7543ae301

FAQ

When will Cenntro showcase the iChassis at CES 2022?

Cenntro will showcase the iChassis at the Consumer Electronics Show (CES) from January 5-8, 2022.

What is the iChassis and its purpose?

The iChassis is an autonomous driving platform designed for last-mile delivery and urban services, integrated with Cenntro's Smart App technology.

When will production of the iChassis commence?

Production of the iChassis is expected to start in Q1 2023.

What companies are involved in the merger with Naked Brand Group (NAKD)?

Cenntro Automotive is entering a merger agreement with Naked Brand Group Limited (NAKD), with Cenntro shareholders expected to own approximately 70% of the combined entity.

How many commercial EVs has Cenntro delivered?

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