By manufacturing our own battery packs, we hope to enhance supply chain efficiency, improve battery resilience, and ultimately have better control over one of the most strategic elements in our supply chain,” said Peter Wang, Chairman, and CEO. “Our ability to support multiple battery assembly operations demonstrates our effort and commitment to promoting local sourcing and local production.”
The in-house assembly of the battery packs will initially utilize externally sourced battery cells. Cenntro will continue developing additional battery packs for its product line and, in the future, incorporate battery cells produced by its subsidiary Cennatic Power, Inc.
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