Cenntro shares rise 17.56% premarket after signing strategic partnership with Electricove Maroc for EV assembly in Morocco.

Cenntro Inc. surged 17.56% in premarket trading following the announcement of a strategic partnership with Electricove Maroc to establish EV assembly operations in Morocco. This collaboration positions Cenntro to expand its presence in the growing electric vehicle market, leveraging Morocco’s emerging manufacturing ecosystem. The agreement, disclosed on July 24, 2025, signals potential revenue growth and operational diversification, aligning with positive investor sentiment in the premarket session. No other relevant news events were identified to influence the stock’s movement.