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SITL-Brandt Motors

Cenntro Acquires SITL-Brandt Motors

June 20, 2014 in Companies, EVs by Rich Piellisch  |  No Comments

Establishes Cenntro Motors France with Headquarters in Lyon

Nevada’s Cenntro Motor Corp, purveyor of the Kombi line of battery electric utility trucks, has acquired SITL-Brandt Motors, of Lyon, France. A French court has approved the $50 million buy, which Cenntro says “will result in the creation of a new company, Cenntro Motors France, which will serve as the European headquarters and operations of Cenntro Motor Group.”

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