CBAK Energy's Strategic Triumph: A USD7 Million Order from a European Industry Leader

June 15, 2024, 9:34 pm
中比新能源_CBAK能源科技
Employees: 1001-5000
Founded date: 2001
Total raised: $7M
Nasdaq Ventures
Nasdaq Ventures
Location: United States, New York
In a groundbreaking move that solidifies their position as a frontrunner in the lithium-ion battery sector, CBAK Energy Technology has clinched a lucrative USD7 million order from a prominent European client. The Partner, a stalwart in the manufacturing realm, has consistently turned to CBAK Energy for their cylindrical battery needs, with previous orders totaling a substantial USD55 million. This latest development underscores the enduring partnership between the two entities and serves as a glowing endorsement of CBAK Energy's cutting-edge battery products, which have garnered acclaim for their quality and performance.

Yunfei Li, the Chairman and CEO of CBAK Energy, expressed his delight at the significant order, highlighting the Partner's recognition of their battery solutions and reaffirming CBAK Energy's commitment to innovation and excellence. The company's unwavering dedication to delivering high-quality, high-performance batteries is evident in their continued efforts to capture a larger market share and fortify their leadership position in the industry.

CBAK Energy, a trailblazer in the realm of new energy high-power lithium and sodium batteries, has carved a niche for itself through its comprehensive range of products and solutions catering to diverse applications such as electric vehicles, light electric vehicles, and energy storage systems. Since becoming the first lithium battery manufacturer in China to be listed on the Nasdaq Stock Market in January 2006, CBAK Energy has expanded its operations with multiple subsidiaries across key locations in China, bolstered by a state-of-the-art R&D and production facility in Dalian.

As the company continues to chart new territories and push the boundaries of battery technology, the future looks promising for CBAK Energy. Their steadfast focus on innovation, coupled with a relentless pursuit of excellence, positions them as a formidable force in the competitive landscape of high-power lithium batteries. With this latest order serving as a testament to their capabilities and market appeal, CBAK Energy is poised to soar to greater heights in the realm of electric energy solutions.