Cenntro shares surge 32.17% premarket after signing strategic partnership with Electricove Maroc for EV assembly in Morocco.

Cenntro Inc. (CENN) surged 32.17% in premarket trading following the announcement of a strategic partnership with Electricove Maroc to assemble electric vehicles in Morocco. This collaboration, disclosed on July 22, 2025, positions Cenntro to expand its EV manufacturing footprint in a key market, aligning with global trends toward sustainable transportation. The premarket rally reflects investor optimism about the potential for increased production capacity and market share in the growing EV sector, particularly as the company continues to secure international orders and develop hydrogen fuel cell technology. Recent product launches, such as the Logistar® 210 and Avantier Commuter, further reinforce Cenntro’s growth narrative, but the Morocco partnership is the most proximate catalyst for the sharp premarket gain.