Cenntro Automotive launches Citelec electric vehicle production in Nevada
Company purchased Citelec, other electric vehicles from France's Brant Motors.
Company purchased Citelec, other electric vehicles from France's Brant Motors.
Launches of new vehicles adding costs and cutting revenues, outlook improves.
Oil & gas, construction equipment gains offset weak mining results.
U.S. tariffs makes importing the popular commercial vehicles difficult.
Growing popularity of automotive lightweighting has driven company investments.
Divestiture generates cash for aluminum production, separates companies joined 10 years ago.
ACT Research: orders up 21% year to date.
Test cars to be driven on public roads and at former military base.
Company makes wireless headphones, USB modules.
$25 million project expected to save $7 million per year in energy.
Will continue to develop and test the technology, but engine production dropped.
Technology forecast says fuel-efficiency demands require smaller, more powerful engines.