Company: CENN
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001140361-25-011607
Chunk: 17

Company: Cenntro Inc.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 1
Chunk 17
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 for European Union type approval is in process.

LogiMax Series

The LogiMax Series includes vehicle models of U.S. classification from Class 5 to Class 8 with GVWR over 26,000 lbs. There are two vehicle models within this series which include:
          the LogiMax 600 (LM600) and LogiMax 860H (LM860H). Currently, LM600 and LM860H are still under development, and we expect that those models shall be available for US market in the second half 2024.

The LM600 is a median-duty electric truck under US Class 6 classifications.  LM600 will be used mainly for city goods transportation, such as transporting goods from local
          warehouses to local supermarkets. We expect LM600 will be available for the US market in the third quarter 2025.

The LogiMax 860M (LM860H), which was previously called LM864H in 2023, is a 6x4 semi-tractor hydrogen fuel cells. The LM860H has a total weight of 39 tons and is designed for
          short- and long-haul applications. The semi-tractor’s electric motors are fully powered by high-efficiency sustainable hydrogen fuel cells with eight 210-liter banks that convert hydrogen into electric power by combining it with oxygen, producing
          only water as byproduct. Additionally, the LM860H has an operational range and refueling time comparable to many diesel trucks making it suitable for longer distances and heavy, energy-intensive responsibilities in areas where battery charging is
          limited. The LM860H prototype model represents an additional zero emissions product choice from Cenntro that is performance-heavy despite also being a sustainable vehicle. We introduced our first-generation LM864H model in 2022. After years of
          continued development, we plan to launch our second-generation LM860H model in Q2 2025. We are currently completing DOT compliance requirements and obtaining EPA and CARB certifications.

Teemak™ Series

Our Teemak™ Series are off-road vehicle models for field utility applications, including The Teemak™ and Teemak™ TB. The Teemak™ is designed for off-road applications for utility
          or leisure use. The Teemak™ TB is designed for agricultural and forestry uses and currently meets all EU vehicle type regulatory requirements. To optimize our product portfolio, we have strategically realigned our resources to accelerate the
          development and launch of our heavy truck series. While we have