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CBAK Energy Technology, Inc.

0.9050

-0.0660-6.80%

Pre-market: 0.91900.0140+1.55%07:32 EDT

Volume:639.99K

Turnover:579.13K

Market Cap:81.40M

PE:10.06K

High:0.9700

Open:0.9700

Low:0.7975

Close:0.9710

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CBAK Energy Technology forms strategic partnership with Anker Innovations

CBAK Energy Technology Inc. Announces Strategic Expansion with New Battery Cell Manufacturing Facility in Malaysia in Partnership with Anker Innovations

CBAK Energy Secures $11.6 Million Order from Africa's Leading EV Company for Advanced Batteries

CBAK Energy Secures $3 Million Order from Livguard, Boosting Strategic Partnership in India

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Announces Strategic Expansion with New Battery Cell Manufacturing Facility in Malaysia in Partnership with Anker Innovations","url":"https://stock-news.laohu8.com/highlight/detail?id=2547190094","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2547190094?lang=en_us&edition=fundamental","pubTime":"2025-06-30 21:00","pubTimestamp":1751288459,"startTime":"0","endTime":"0","summary":"CBAK Energy Technology Inc. Announces Strategic Expansion with New Battery Cell Manufacturing Facility in Malaysia in Partnership with Anker Innovations. CBAK Energy Technology, Inc. , a key player in the lithium-ion and sodium-ion battery industry, is expanding its global footprint through a strategic partnership with Anker Innovations Technology Co., Ltd. As part of this collaboration, CBAK Energy will establish a new battery cell manufacturing facility in Malaysia, with construction already underway. The facility is slated to begin mass production of the company's LFP cylindrical battery models, 32140 and 40135, by the end of 2025. This partnership includes potential orders valued at up to $357 million, highlighting Anker's confidence in CBAK Energy's capabilities. The expansion marks a significant step in CBAK Energy's commitment to enhancing its global manufacturing presence.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as 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