- Image given by Cenntro of proposed building site

EV Manufacturer Selects Florida City To Build Site

I was given the scoop to this EV Manufacturer, Cenntro. Check it out.

Cenntro, an EV manufacturer has selected Jacksonville, Florida to be the city where it will build its new manufacturing facility. This will be the first U.S. city the manufacturer will produce vehicles in. For me, this would be great because it would create jobs. But let's see what they're all about, shall we?

Expectations

"When fully operational, the facility is expected to create up to 34 new jobs including research and development specialists, highly skilled technician positions and administrative support. The new facility will support annual production levels of over 50,000 vehicles within four years as well as assembly, quality and testing processes, parts warehouse, distribution and administrative functions. Cenntro Automotive expects to invest $25 million in the facility and to begin assembling vehicles in the first quarter of 2022." In my opinion, 34 jobs created seem like the manufacturer is very picky on who they select/hire to get the company getting on its feet in the US, and maybe even around the world. But it doesn't make sense. I would hope more jobs would be created. "Cenntro will use JAXPORT to import materials for the production of vehicles, and use the port to export some of the finished vehicles to partners and clients across the globe," Cenntro says. At least it will keep jobs going, or create job security. Jacksonville Mayor Lenny Curry stated, “Jacksonville continues to be a leader in the logistics sector, and Cenntro Automotive will serve as a great addition to our economy, bringing jobs, investment, and growth throughout the First Coast. I want to thank the City Council and JAX Chamber for continuing to create a business-friendly climate here in Jacksonville.”

Why Jacksonville?

“Jacksonville is the ideal spot for our first U.S. manufacturing facility with JAXPORT providing a strong foundation in advanced manufacturing and a growing innovation ecosystem,” said Peter Wang, Cenntro Chairman and CEO of Cenntro Automotive. “We believe Jacksonville provides a great talent pool as we look forward to contributing to the growing advanced manufacturing environment. Our new Jacksonville hub will serve as a cornerstone for our U.S. commercial electric vehicle sales and manufacturing efforts as our seventh assembly plant worldwide.” For me, I can only think of Jacksonville as the place where the famous American football team, the Jacksonville Jaguars, have their home stadium and games played.

About Cenntro Automotive

Cenntro Automotive is a "...leading EV technology company with advanced, market-validated commercial vehicles, which has entered into a definitive merger agreement with Naked Brand Group Limited (NASDAQ: NAKD) with Cenntro’s shareholders to own approximately 70% of the combined entity on a fully diluted basis. Cenntro leads the transformation in the automotive industry through scalable, decentralized production and fully digitalized autonomous driving solutions empowered by the Cenntro iChassis. Cenntro has sold and delivered 3300 commercial EVs in more than 26 countries as of December 2020." Most people believe EV is the way to go, and maybe eventually it will be. I am just a bit skeptical until proven EVs are more beneficial when it comes to shipping and manufacturing the batteries.

My Thoughts

In my opinion, I believe that it is always good for a business to create jobs to ensure there is money to be made. Especially with how the economy is at the moment. It stimulates the economy in surrounding areas of the business. So for me, that's the biggest bonus Cenntro Automotive can bring to the table. What I can do from here is wish them the best. I hope it all works out. But, if I get to review one, I will be honest about it. And I will be critical if needed.

I would like to take a moment and thank Cenntro Automotive for allowing me this opportunity to report on their choice in a city to build a facility. For their full information, click here to find out about the company.

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Comments (1)

  • @tribe New article is up! Check it out.

      10 days ago
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