 Naked Brand Group Ltd NASDAQ: NAKD shares are trading higher after the company announced it entered into a definitive agreement under which Naked will acquire the outstanding stock in three entities comprising Cenntro Automotive Group. After assessing numerous companies with promising, innovative technologies, we believe Cenntro offers the most compelling opportunity, as it not only has unique commercial EV technology, but has proven that it has been able to manufacture and deliver growing numbers of commercial electric vehicles that are being used by many of the leading consumer companies, said Justin Davis-Rice, Chairman and Chief Executive Officer of Naked Brand Group. 