Cenntro Inc. (CENN) · Nov 3, 2026 · Other events
20 LS450 deliveries — More than $2.44M from 20 U.S. deliveries
Cenntro’s delivery update shows its LS450 moving from incentive eligibility to real U.S. revenue, though the commercial rollout remains early.
Cenntro is a small electric commercial-vehicle maker trying to turn incentive-backed U.S. pilots into repeat fleet sales; it delivered only 12 LS450s in the U.S. during 2025, while first-half 2026 America revenue rose to about $1.8 million even as total revenue fell to $7.4 million.
The important change is conversion, not eligibility. Cenntro had already disclosed NYTVIP approval progress and 55 LS450 applications awaiting review, so the incentive strategy itself was known. The new information is that 20 trucks have now actually been delivered and generated revenue:
| Metric | November 3, 2026 |
|---|---|
| LS450 deliveries (Filing announcement) | 20 trucks |
| Revenue generated (Filing announcement) | >$2.44M |
This modestly advances the U.S. commercialization story. The deliveries provide harder evidence that Cenntro can move LS450 units through a state-backed purchasing channel, rather than merely advertise eligibility. The additional California and New Jersey listings broaden the potential customer funnel: 〔0〕
The scale is still too small to rewrite the business. Twenty trucks is meaningful relative to Cenntro’s prior U.S. LS450 base, but it remains a limited deployment against the company’s broader commercial-vehicle operations. The release also makes clear that future incentive-supported sales remain dependent on customer eligibility, available program funding and approval, so the announcement validates initial execution without establishing a durable volume trend.
Bottom line: This is real progress from incentive qualification to paid U.S. deliveries, making the LS450 rollout more credible. It strengthens the current story modestly, but does not yet change Cenntro’s overall business trajectory.
Further LS450 deliveries under NYCCTP
A buy-side analyst on every ticker — it reads every public company's filing the instant it drops and decodes it into plain English.
A buy-side analyst on every ticker — the whole market decoded the second it moves, before it's a headline. Free gives you a taste. Pro takes the cap off and opens the full read on every company.
by Signing in NOW, claim your FREE 14-day Pro trial!