The company is engaged in battery pack production and battery cell preparation, vehicle distribution and service network development, and the implementation of cloud-based parts distribution systems. It manufactures vehicle kits for the Metro®, Teemak Series, and iChassis Series in China and assembles vehicles in the United States and Europe through local assembly facilities. Utilizing a distributed manufacturing model, the company outsources portions of manufacturing, assembly, and marketing to qualified third parties, including private label channel partners and third-party Original Equipment Manufacturers (OEMs) who complete vehicle kits and occasionally fully assemble vehicles. This model aims to reduce capital investment and enhance operational efficiency. The company is transitioning its distribution strategy from reliance on third-party channel partners to a combination of company-operated EV Centers and local distribution channels and dealer networks. This shift is intended to improve efficiency, quality, brand value, market share, and customer support, with ongoing refinements to align with regional market developments and capital efficiency goals.
Cenntro Inc's Comment on Supply Chain
The company is engaged in battery pack production and battery cell preparation, vehicle distribution and service network development, and the implementation of cloud-based parts distribution systems. It manufactures vehicle kits for the Metro®, Teemak Series, and iChassis Series in China and assembles vehicles in the United States and Europe through local assembly facilities. Utilizing a distributed manufacturing model, the company outsources portions of manufacturing, assembly, and marketing to qualified third parties, including private label channel partners and third-party Original Equipment Manufacturers (OEMs) who complete vehicle kits and occasionally fully assemble vehicles. This model aims to reduce capital investment and enhance operational efficiency. The company is transitioning its distribution strategy from reliance on third-party channel partners to a combination of company-operated EV Centers and local distribution channels and dealer networks. This shift is intended to improve efficiency, quality, brand value, market share, and customer support, with ongoing refinements to align with regional market developments and capital efficiency goals.
Sources:
Cenntro Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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