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CENN vs ECX

Cenntro Inc. Common Stock and ECARX Holdings Inc. Class A Ordinary shares

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Cenntro Inc. Common Stock

Cenntro Inc. engages in the design, development, and manufacture of electric light and medium-duty commercial vehicles in Europe, Asia, and the United States. Its purpose-built electric commercial vehicles are designed to serve various fleet and municipal organizations in support of city services, last-mile delivery, and other commercial applications. The company sells its products under the Metro, Logistar, Logimax, Avantier, Teemak, and Antric One names. Cenntro Inc. was founded in 2013 and is based in Freehold, New Jersey. Cenntro Inc. is a subsidiary of Cenntro Electric Group Limited.

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ECARX Holdings Inc. Class A Ordinary shares

ECARX Holdings Inc. develops full-stack automotive computing platform to shape the interaction between people and cars by rapidly advancing the technology of smart mobility in China and internationally. The company offers system on a chip, central computing platforms, operating systems, and software. Its core products include infotainment head units, autonomous driving control units, digital cockpits, vehicle chip-set solutions, core operating system, and integrated software stack. It has entered into a strategic partnership agreement with Black Sesame Technologies. ECARX Holdings Inc. was founded in 2017 and is based in Shanghai, the People's Republic of China.

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