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CBAK Energy Signed Supply Agreement with Customer S

CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), the world's leading lithium battery manufacturer and electric energy solution provider, announced that it has reached a supply agreement with Customer S, a leading manufacturer of clean energy storage and management systems. Under the agreement, Customer S undertakes to purchase from CBAK Energy for no less than 19 million units of 26650 lithium batteries in 3 years from 2019 to 2021, for use in Li-Ion based energy storage products. CBAK Energy will supply the batteries through its wholly-owned operating subsidiary, Dalian CBAK Power Battery Co., Ltd., a specialized high power battery provider in Dalian.

2019

Jan 18,2019

01-18

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CBAK
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