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CBAK ENERGY TECHNOLOGY (NASDAQ: CBAT) STOCK QUOTE

Last Trade: US$1.39 0.13 10.32
Volume: 282,113
5-Day Change: 8.59%
YTD Change: 32.38%
Market Cap: US$125.020M

LATEST NEWS FROM CBAK ENERGY TECHNOLOGY

DALIAN, China , June 14, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its subsidiary, Dalian CBAK Power Battery Co., Ltd. ("CBAK Power") has secured an order valued at almost USD7.0 million from a Renowned European Client (the "Partner"). Founded in Europe ,... Read More
DALIAN, China , June 4, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced a significant technological advancement with its model 32140 battery, a large cylindrical lithium-ion battery mass produced at its Nanjing facility. The Company has successfully upgraded and... Read More
Expected net income from the battery business to be between RMB220 million and RMB250 million for the full year of 2024 DALIAN, China , May 10, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the first quarter ended March 31, 2024.... Read More
DALIAN, China , May 3, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024 on Friday, May 10, 2024 , before the U.S. market opens. The earnings results will be available on the... Read More
DALIAN, China , March 15, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2023 . Fourth Quarter of 2023 Financial Highlights Net revenues from sales of batteries were $36.8 million ,... Read More
DALIAN, China , March 6, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023 on Friday, March 15, 2024 , before the U.S. market opens. The earnings results will... Read More
DALIAN, China , Nov. 9, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the third quarter ended September 30, 2023 . Third Quarter of 2023 Financial Highlights Net revenues from sales of batteries were $44.3 million , an increase of... Read More
DALIAN, China , Oct. 30, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023 on Thursday, November 9, 2023 , before the U.S. market opens. The earnings results will be... Read More
DALIAN, China , Sept. 28, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its wholly-owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd ("Nanjing CBAK"), has reached an agreement with Shenzhen BAK Battery Co., Ltd. ("BAK Battery") to acquire, from BAK... Read More
DALIAN, China , Sept. 20, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its wholly-owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has received a sizeable order from Anker Innovations Technology Co., Ltd. (SZ: 300866, "Anker... Read More
DALIAN, China , Aug. 9, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the second quarter and first half of 2023 ended June 30, 2023 . First Half of 2023 Financial Highlights Net revenues from sales of batteries were $51.8 million ,... Read More
DALIAN, China , July 26, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that it will report its unaudited financial results for the second quarter and first half ended June 30, 2023 on Wednesday, August 9, 2023 , before the U.S. market opens. The earnings results... Read More
Meeting Surging Demand for Lithium-ion Batteries with Cost-Effective Expansion DALIAN, China , July 21, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its subsidiary, Dalian CBAK Power Battery Co., Ltd. ("Dalian CBAK"), has successfully reached agreements with... Read More
DALIAN, China , July 10, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has entered into a strategic agreement with Guangzhou Echom Science & Technology Co., Ltd. (Shenzhen Stock... Read More
Becoming the First Company to Achieve Mass Production and Commercialization of Large Cylindrical Sodium Batteries DALIAN, China , June 28, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it has entered into strategic agreements with HiNa Battery, a unicorn and... Read More
DALIAN, China , June 26, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, previously announced its first Corporate Open Day to be held on Wednesday, June 28, 2023, Beijing Time and today provides additional details about the event, including simultaneous webcast access for a product... Read More
Total orders from Viessmann in 2022 and 2023 have reached EUR176.1 million DALIAN, China , June 15, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that the Company has received an order worth EUR116.5 million (approximately USD124.5 million ) of lithium-ion batteries... Read More
Secured RMB25 million in funding from Hello Tech for Sodium-ion Battery R&D Program Hello Tech, as CBAK Energy's first client for sodium-ion batteries with orders potentially worth several hundred million RMB, bolsters the Company's position as a pioneer in the commercialization of sodium-ion batteries DALIAN, China , June 1, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"),... Read More
DALIAN, China , May 17, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that it will host a Corporate Open Day on Wednesday, June 28, 2023 , Beijing Time. As one of the few companies worldwide capable of mass-producing sodium-ion batteries on a large scale, CBAK... Read More
DALIAN, China , May 10, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the first quarter 2023 ended March 31, 2023 . First Quarter of 2023 Financial Highlights Net revenues from sales of batteries were $29.60 million , up by 97.1%... Read More
DALIAN, China , May 2, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023 , before the U.S. market opens. The earnings results will be available on... Read More
DALIAN, China , April 18, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK") has recently secured substantial orders worth approximately RMB18.60 million , or $2.71 million... Read More
Net Revenues up 95.9% year over year in the fourth quarter Net Revenues up 372.2% year over year in full year DALIAN, China , April 11, 2022 /PRNewswire/ — CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the fourth quarter and full year of 2022 ended... Read More
DALIAN, China , March 31, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2022 on Tuesday , April 11, 2023 , before the U.S. market opens. The earnings results... Read More
Net Revenues up 504% year over year in the third quarter DALIAN, China , Nov. 14, 2022 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the third quarter of 2022 ended September 30, 2022 . Third Quarter of 2022 Financial Highlights Net... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that it will report its unaudited financial results for the third quarter ended September 30, 2022 on Monday, November 14, 2022 , before the U.S. market opens. CBAK's management will host an earnings conference call at 8:00 AM U.S. Eastern... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that the Company has received an order from a leading European provider of heating, cooling and renewable energy systems (the "Customer") for a supply of lithium-ion batteries worth EUR 28.4 million ( $27.8 million ). On May 13, 2022 , CBAK... Read More
2Q-2022 and 1H-2022 Earnings Overview CBAK Energy Technology, Inc. (Nasdaq: CBAT), a leading China -based lithium-ion battery manufacturer and electric energy solution provider released its second quarter and the first-half of 2022 earnings ended June 30 . Another remarkable quarter with continued sales momentum Following the momentous first quarter of 2022, CBAT had once again achieved another significant milestone with... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has entered into a strategic partnership agreement with Welson Power , a China -based new energy company with a global network in over 20... Read More
Net Revenues up 857% year over year in the second quarter Net Revenues up 792% year over year in the first half CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the second quarter and first half of 2022 ended June 30, 2022 . Second Quarter of 2022... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that it will report its unaudited financial results for the second quarter and first half ended June 30, 2022 on Monday, August 15, 2022 , before the U.S. market opens. CBAK's management will host an earnings conference call at 8:00 AM U.S.... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that the Company has entered into an agreement with another Chinese high-tech battery maker who is one of the top players leading in the research and development of Na-ion battery to co-develop sodium-ion battery cells. The sodium-ion... Read More
CBAK Energy Technology, Inc. ( NASDAQ : CBAT ) (" CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced it will participate in the Public Companies Communications Summit (the "Conference"), a virtual investor conference to be co-hosted by TF Securities Global, TF Research Institute and Frost & Sullivan (the "sponsoring parties") on Wednesday, July... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has entered into a strategic framework agreement with Jiangsu JPK New Energy Co., Ltd. ("JPK"), a subsidiary of Jiangsu Jemmell New Energy... Read More
On May 19, 2022 , CBAK Energy Technology, Inc. (Nasdaq: CBAT), a leading China -based lithium-ion battery manufacturer and electric energy solution provider released its first quarter earnings ended March 31, 2022 . Momentous Revenue Growth CBAT kicked off 2022 with net revenues in 1Q-2022 surging more than eight-fold year-over-year to reach $80.2 million ; of which, $65 million was from lithium battery cells materials... Read More
Net revenues up 752% year over year in the first quarter CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the first quarter ended March 31, 2022 . First Quarter 2022 Financial Highlights Net revenues were $80.2 million , an increase of 752% from $9.4... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2022 on Thursday, May 19, 2022 , before the U.S. market opens. CBAK's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday,... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that the Company has received an order from a leading European provider of heating, cooling and renewable energy systems (the "Customer"), for a supply of lithium-ion batteries worth EUR 28.2 million ( $29.3 million ). Pursuant to the order,... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that the Company is aware of the fact that it was provisionally identified by the U.S. Securities and Exchange Commission (the "SEC") under the Holding Foreign Companies Accountable Act (the "HFCAA") on April 21, 2022 . The identification... Read More
CBAK Energy (Nasdaq: CBAT) released its fourth quarter and full year earnings ended Dec. 31, 2021 on April 14, 2022 . 2021 marked a major year for CBAK Energy as the Company gained significant traction across its product lines, powered by strengthened technology and product competitiveness, and amplified by further expanded production capacity catered to increasing battery demands for light electric vehicles ("LEV") and... Read More
Net Revenues up 80% year over year in the fourth quarter Full-Year Net Revenues up 40% year over year in 2021 CBAK Energy turns to profitability in 2021 CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the fourth quarter and full year ended December 31,... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2021 on Thursday, April 14, 2022, before the U.S. market opens. CBAK's management will host an earnings conference call at 8:00 AM U.S. Eastern... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced financial highlights of Zhejiang Hitrans Lithium Battery Technology Co. ("Hitrans"), a leading lithium-ion battery material supplier in China that CBAK Energy has completed an acquisition of 81.56% of its equity stake, for the first nine... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its wholly-owned subsidiary CBAK New Energy ( Nanjing ) Co., Ltd. ("CBAK Nanjing") has entered into an agreement with AZAPA R&D China ("AZAPA") to develop a customized battery pack for the Sino-Japan joint venture that designs and... Read More
Founded in 2001 and headquartered in Dalian, China , CBAK Energy Technology Inc. (Nasdaq: CBAT) develops, manufactures and sells rechargeable lithium-ion batteries currently applicable to household energy storage and Light Electric Vehicles (LEV), and is building production capacity targeting the Passenger Electric Vehicle (EV) markets. CBAT primarily operates in China , and has business exposures to Europe , South Korean,... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its wholly-owned subsidiary Dalian CBAK Power Battery Co., Ltd. ("CBAK Power") has completed its previously announced acquisition of a majority stake in Zhejiang Hitrans Lithium Battery Technology Co. ("Hitrans"), a leading lithium-ion... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that the Company had begun operations at its lithium battery manufacturing plant in the city of Nanjing in China's Jiangsu province. The plant is equipped with an initial annual capacity of 0.7 GWh for the Company's new 32140 battery model that target... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the third quarter ended September 30, 2021 . Third Quarter 2021 Financial Highlights Net revenues were $9.6 million . Excluding revenues from raw material trades, approximately $9.6 million was from high... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2021 on Friday, November 12, 2021, before the U.S. market opens. CBAK's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced its participation in the following virtual investor conference - JPMorgan China EV Battery Supply Chain Forum ("JPMorgan Forum" or the "Conference"). On Thursday, September 9, 2021 at 9:00 PM U.S. Eastern Time (On Friday, September 10, 2021 at 9:00 AM... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that its wholly-owned subsidiary Dalian CBAK Power Battery Co. ("CBAK Power") has obtained performance certification from the world's leading testing, inspection and certification company SGS for its special 26650 lithium-ion battery (the "Special... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China , today reported its unaudited financial results for the second quarter and first half year ended June 30, 2021 . Second Quarter 2021 Financial Highlights Net revenues were $5.9 million , an increase of 27% from $4.6 million in the same period of 2020. Gross... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), announces a correction to its press release entitled "CBAK Energy Announces Framework Agreement to Acquire Majority Stake in Zhejiang Meidu Hitrans" issued on July 26, 2021 (the "Initial Press Release"). The Initial Press Release incorrectly stated in the 3rd paragraph that Hitrans engages in " sales of … anode materials. " Hitrans actually... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it will report its unaudited financial results for the second quarter and first half ended June 30, 2021 on Monday, August 16, 2021 , before the U.S. market opens. CBAK's management will host an earnings conference call at 8:00 AM U.S. Eastern... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China , today announced that its wholly-owned subsidiary Dalian CBAK Power Battery Co., Ltd. ("CBAK Power") has entered into a framework agreement to acquire a majority stake in Zhejiang Meidu Hitrans Lithium Battery Technology Co. ("Hitrans"), a leading... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider, today announced its financial results for the year ended December 31 , 2020. The Company intends to file its annual report containing its audited consolidated financial statements for the fiscal year ended December 31, 2020 , on Form 10-K with the Securities and... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it has signed a memorandum of cooperation (the "Cooperation") with a leading European hydrogen energy group with 100 years of operation history (the "Hydrogen Energy Company") to promote the development of hydrogen fuel cells. As part of the... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it has started the trial production of its special 26650 lithium battery (the "Special 26650 Battery "). Different from our regular 26650 batteries that the company is currently manufacturing and selling, the Special 26650 Battery is a... Read More
CBAK Energy Technology, Inc. ("CBAK Energy," or the "Company," NASDAQ: CBAT), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it closed a registered direct placement of approximately $70 million of its common stock, priced at the market under applicable Nasdaq rules with a price of $7.83 per share, and the concurrent private placement on February 10, 2021 , as previously... Read More
CBAK Energy Technology, Inc. ("CBAK Energy", or the "Company," NASDAQ: CBAT), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it has entered into a securities purchase agreement (the "Agreement") with certain institutional investors for a registered direct placement of approximately $70 million of its common stock, priced at the market under applicable Nasdaq rules with... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has signed an approximately $1.4 million product framework agreement (the "Agreement") to supply battery systems for 10.5m electric buses to Sichuan... Read More
CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider, today provided additional details for its plans previously disclosed in its 8-K filing to expand its production capacity in Nanjing and Dalian in anticipation of increasing client orders. For its Nanjing manufacturing plants, the Company plans to attain a total... Read More

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