Cenntro Electric Group guides $25.3M in top-line growth for 2021, with more than 1500 vehicle sales

Cenntro Electric Group Ltd Chief Marketing Officer Marianne McInerney tells Proactive the Freehold, New Jersey-based electric vehicle manufacturer, which recently merged with lingerie group Naked Brand Group, has given 2021 financial guidance of $25.3 million, with more than 1,500 vehicle sales.

What’s more, McInerney says the group is ‘ramping up quickly,’ expecting to meet its goal of selling around 21,000 vehicles in 2022, forecasting top line growth of $506 million. The group is in the process of scaling its production capability in the US and in Europe.


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