Cbak Energy Technology Inc Stock Price, News & Analysis

CBAK Energy (NASDAQ: CBAT) has initiated strategic discussions with FAW Group, a major Chinese EV manufacturer, regarding potential collaboration for their upcoming Model 46950 battery cell. The company's R&D and Sales teams, led by R&D Principal Suijun Shang, met with FAW's R&D leadership in Changchun. The Model 46950, available in NCM and hybrid LMFP/NCM variants, offers significant improvements over CBAK's current Model 32140, with up to 65.64% higher energy density and enhanced 4C fast charging capabilities compared to the previous 2C standard. Currently in laboratory testing phase, the Model 46950 is scheduled for launch next year, marking CBAK's strategic return to the EV battery market.

CBAK Energy Technology (NASDAQ: CBAT) has secured an $11.6 million order from Africa's largest EV company for its Model 32140 large LFP cylindrical batteries. The batteries will be supplied through CBAK's subsidiary, Nanjing CBAK New Energy Technology, and integrated into the customer's electric motorcycle fleet across Africa. The partnership is expected to generate additional orders worth up to $55 million. The African customer, known for its battery-swapping technology and locally manufactured electric motorcycles, is leading the continent's transition from fossil fuel-based transport to sustainable mobility solutions. The collaboration aims to accelerate EV adoption in emerging markets while providing affordable and accessible transportation options specifically designed for African conditions.

CBAK Energy Technology (NASDAQ: CBAT) has secured a new $3 million order from Indian energy storage solutions provider Livguard for Model 32140 cylindrical lithium-ion batteries. This follow-up order brings the total order value from Livguard to $7.9 million since their partnership began. Livguard, backed by SAR Group's 37-year legacy, is a leading Indian company offering inverters, batteries, solar energy systems, and automotive power solutions through a nationwide network. This order follows CBAK's January collaboration with Ather, a major Indian two- and three-wheeler manufacturer, demonstrating CBAK's expanding presence in India's energy market.

CBAK Energy Technology (NASDAQ: CBAT) has announced a significant share buyback program, authorizing the repurchase of up to $20 million of its common stock over the next 12 months, ending May 20, 2026. The program aims to enhance shareholder value and help regain compliance with Nasdaq's minimum bid price requirement.

The company, a leading Chinese lithium-ion battery manufacturer, reported strong financial performance with a 31.5% gross margin in its battery segment and 23.7% across the entire business in 2024. Notably, CBAK's Model 32140 battery captured 19% of the global market share in 2024. The buyback can be executed through open market purchases, private transactions, or other means, including Rule 10b5-1 trading plans.

CBAK Energy Technology (NASDAQ: CBAT), a prominent Chinese lithium-ion battery manufacturer and electric energy solution provider, has announced its participation in The Battery Show Europe. The event will take place from June 3-5, 2025, at Messe Stuttgart in Germany. CBAK Energy will be located at Booth Hall 9-E40, where their sales team, R&D department, and key management members will be available for engagement with interested parties.

CBAK Energy Technology (NASDAQ: CBAT) reported significant declines in its Q1 2025 financial results. Net revenues decreased 41% to $34.9 million from $58.8 million in Q1 2024. The company's battery business saw a 54.6% revenue decline to $20.4 million, with gross profit falling 74.4% to $4.7 million. The company reported a net loss of $1.58 million, compared to a $9.8 million profit in Q1 2024. The decline was primarily attributed to the Dalian facilities' transition from Model 26650 to the advanced Model 40135. Despite overall declines, revenues from Electric Vehicles and Light Electric Vehicles segments grew by 11.9% and 88.4% respectively. Management expects a gradual recovery once the new manufacturing lines are completed in H2 2025 and customer validation of Model 40135 is finalized.

CBAK Energy Technology (NASDAQ: CBAT), a prominent Chinese lithium-ion battery manufacturer and electric energy solution provider, has scheduled the release of its first quarter 2025 unaudited financial results for Monday, May 19, 2025, before U.S. market opening hours.

The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) on the same day. The earnings results will be accessible through the company's Investor Relations website and filed with the SEC on Form 8-K. Participants interested in asking questions during the call must register at least 15 minutes before the scheduled start time.

CBAK Energy Technology (NASDAQ: CBAT), a prominent Chinese lithium-ion battery manufacturer and electric energy solution provider, has announced its participation in the Shenzhen International Battery Technology Conference & Expo (CIBF 2025). The event will take place from May 15-17, 2025 at the Shenzhen International Convention & Exhibition Center. The company will be located at Booth 12T008 in Hall 12, where representatives from their sales team, R&D department, and key management members will be available to engage with visitors.

CBAK Energy has secured a 14.6% market share in the global 32140 cylindrical cell market during Q1 2025, according to the Start Point Institute of Research (SPIR). This positions the company fourth globally among major battery manufacturers.

The Chinese battery maker's performance follows its strong showing in 2024, where it captured 19% of the global market share. The company, which specializes in lithium-ion and sodium-ion batteries, remains optimistic about maintaining this momentum through ongoing discussions with major customers.

CEO Zhiguang Hu emphasized the company's commitment to delivering high-quality energy storage solutions and expanding their market presence. The latest market share data demonstrates CBAK's growing influence in the global battery sector, particularly in large cylindrical cells.