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CBAK Energy Announces Production Capacity Expansion in Anticipation of Increasing Client Orders

DALIAN, China, Feb. 3, 2021 /PRNewswire/ -- 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.

2021

Feb 03,2021

02-03

CBAK Energy Partners With Chengdu Raja to Jointly Develop Battery Swapping Project and UPS Project

DALIAN, China, Jan. 25, 2021 /PRNewswire/ -- 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 Energy Technology Co., LTD ("Dalian CBAK"), recently signed a one-year strategic cooperation framework agreement (the "Agreement") with Chengdu Raja New Energy Automotive Technology Co., Ltd. ("Raja"). As part of the Agreement, the two parties plan to jointly develop a battery swapping project for the food delivery and logistics industries as well as an uninterruptible power supply ("UPS") project for traffic lights. Both parties will utilize their respective competitive advantages in their establishment of a long-term strategic cooperative relationship.

2021

Jan 25,2021

01-25

CBAK Energy Partners With JAC Motors to Jointly Develop New Battery Cells

DALIAN, China, Jan. 11, 2021 /PRNewswire/ -- 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 three-year strategic agreement (the "Agreement") with Anhui Jianghuai Motors Group Co., Ltd (SSE: 600418) ("JAC Motors") for joint product development.

2021

Jan 11,2021

01-11

CBAK Energy Announces the Closing of $49.2 Million Registered Direct Offering

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 the registered direct offering of approximately $49.2 million of common stock at a price of $5.18 per share on December 10, 2020, as previously announced on December 8, 2020. The Company issued a total of 9,489,800 shares of common stock to the institutional investors.

2020

Dec 11,2020

12-11

CBAK Energy Announces Entry into Agreement for Registered Direct Placement of $49.2 Million of Common Stock and Warrants

CBAK Energy Technology, Inc. ("CBAK Energy", or the "Company", NASDAQ: CBAT), a leading lithium-ion battery manufacturer and electric energy solution provider, announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of approximately $49.2 million of common stock at a price of $5.18 per share. The Company will issue a total of 9,489,800 shares of common stock to the institutional investors.

2020

Dec 08,2020

12-08

CBAK Energy Joined Hands with LEAD to develop Smart Lithium Battery Automatic Production Line

CBAK Energy Technology, Inc. ("CBAK Energy", or the "Company", NASDAQ: CBAT), a leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD ("Dalian CBAK") signed a joint development agreement with Wuxi Lead Intelligent Equipment Co., Ltd.("LEAD"). The two parties plan to jointly design and develop the automatic production line for manufacturing tab-less power lithium batteries with high efficiency, high stability and high intelligence. The main models of products that are expected to be manufactured on this line are 4680, 46105, 32140, 34154, 34184 and 34200.

2020

Dec 07,2020

12-07

CBAK and NEMTRI Founded R&D Center to Explore the R&D and Application of Solid-State Batteries

CBAK Energy Technology, Inc. ("CBAK Energy", NASDAQ: CBAT), a world's leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD ("Dalian CBAK", or the "Company") signed a strategic cooperation agreement with Changxing Sino-Russian New Energy and Material Technology Research Institute ("NEMTRI"), and founded the Power Battery Technology R&D Center (the "R&D Center"). The two parties will expand cooperation in the fields of solid-state battery, quasi solid-state battery, and new high performance electrochemical functional materials.

2020

Dec 02,2020

12-02

CBAK Energy and Kandi Group Signed Supply Framework Agreement

CBAK Energy Technology, Inc. ("CBAK Energy", NASDAQ: CBAT), a world's leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD ("Dalian CBAK", or the "Company") signed Supply Framework Agreement with Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles"), a wholly owned subsidiary of Kandi Technology Group (NASDAQ: KNDI) in Hangzhou, Zhejiang province. They will promote the development of pure electric vehicle together. The two parties will play their respective advantage, complement each other with their respective resources. A long-term strategic cooperation partnership would be built for the development, supply and recycling of power batteries.

2020

Nov 27,2020

11-27

China BAK to Present at the Brean Murray, Carret & Co. 2010 China Growth Conference

China BAK Battery, Inc. ("China BAK", the "Company", or "we") (Nasdaq: CBAK), a leading global manufacturer of lithium-based battery cells, today announced that the Company's management team will present at the Brean Murray, Carret & Co. 2010 China Growth Conference to be held in New York City from November 17 - 18, 2010.

2020

Nov 12,2020

11-12

CBAK Energy has Successfully Developed Large-sized Cylindrical Tabless Battery with 25% Boost in Energy Density and 20% Cost Saving

CBAK Energy Technology, Inc. ("CBAK Energy", NASDAQ: CBAT), a world's leading lithium-ion battery manufacturer and electric energy solution provider, announced that its product release of 32140 large-sized cylindrical tabless battery has officially passed its technical and Pilot Plant tests which demonstrated its success in product research of this model. As the requirement of mass production on this product has been achieved, CBAK Energy is planning for the construction of new standardized production line which aims to achieve mass product delivery in the first half of 2021.

2020

Sep 28,2020

09-28

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