Cenntro Inc., a publicly traded electric commercial vehicle company based in Iselin, announced Nov. 3 deliveries of its LS450 electric trucks in the United States under government incentive programs that support commercial fleet electrification.
The company has delivered 20 LS450 electric trucks under the New York Truck Voucher Incentive Program, generating more than $2.44 million in total revenue. Cenntro plans to deliver LS450 trucks under the New York City Clean Trucks Program, extending its participation in programs designed to help fleet operators adopt cleaner commercial vehicles.
In addition, the LS450 has qualified for and been listed under the California Clean Fuel Reward and the New Jersey Zero-Emission Incentive Program. These qualifications broaden the opportunities for eligible customers to access incentives when purchasing the company’s electric trucks.
Incentive programs can help reduce the upfront cost of electric commercial vehicles, making it easier for fleet operators to evaluate and pursue electrification. Cenntro views participation in these programs as an important part of its efforts to expand LS450 adoption in the U.S. market. Customer incentives remain subj...