Phoenix Motor partners with Cenntro subsidiary Cennatic Power to develop custom battery packs for commercial EVs.
Phoenix Motor, a Nasdaq-listed electric vehicle maker, partners with Cennatic Power, a Cenntro Inc. subsidiary, to develop and manufacture custom battery packs for its commercial EVs, including heavy-duty transit buses and medium- and light-duty vehicles. The deal aims to boost efficiency, range, and reliability of Phoenix Motor's EVs, and aligns with the projected $255B growth in heavy-duty and medium-light commercial EV markets by 2030.
April 23, 2024
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