CBAK Energy Technology Inc., a prominent lithium-ion battery manufacturer and electric energy solution provider based in China, has announced a significant follow-up order from Livguard, a leading Indian energy storage solutions provider. The order, valued at approximately USD 3 million, increases the total value of orders from Livguard to USD 7.9 million since the partnership began. This development underscores CBAK Energy's expanding presence in India's growing energy market and highlights the quality and reliability of their battery technology. The collaboration with Livguard, which sources Model 32140 cylindrical lithium-ion batteries from CBAK Energy, aims to meet the rising demand for innovative energy solutions in India.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.