Cenntro Automotive Group jumps on EV orders from Japan
29/11/2021 13:56
** Shares of EV maker NAKD.O , which recently merged with
swim-wear co Naked Brand, jumps 15% premarket to $0.749
** Shares set to open at two-week high and log best session
in two months
** Co says received order of 2,000 electric commercial
vehicles from its channel partner in Japan, HW ELECTRO, with
deliveries expected to begin in January 2022 urn:newsml:reuters.com:*:nFWN2SK0SH
** "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" -
Cenntro CEO
** NAKD has more than tripled in value this year
(Reporting by Susan Mathew)
((susan.mathew@thomsonreuters.com))