JACKSONVILLE, Fla., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Cenntro Automotive, a leading EV technology company with advanced, market-validated commercial vehicles, has selected Jacksonville, Florida for its first U.S. based manufacturing facility. Cenntro Automotive expects to invest $25 million in the facility and to begin assembling vehicles in the first quarter of 2022. “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. About JAXUSA PartnershipJAXUSA Partnership, a division of JAX Chamber, is Jacksonville’s seven-county regional economic development organization.