CBAK Energy Technology, Inc. develops, manufactures, and sells high-power lithium-ion and sodium-ion rechargeable batteries in China. Its products are used in electric vehicles, light electric vehicles, energy storage systems, and other high-power applications, and its operations include battery manufacturing as well as raw materials production through the Hitrans segment.
Company news commonly covers unaudited financial results, battery product transitions across cylindrical cell models such as 26650, 32140, and 40135, production-line activity, customer demand indicators, raw-materials-market effects, and participation in battery and new-energy industry events.
CBAK Energy (NASDAQ: CBAT) has agreed on a battery supply framework with a European technology company serving automotive and industrial markets. The customer is unnamed under mutual agreement. Cumulative orders exceeded US$4.5 million as of September 27, 2026. CBAK Energy expects orders in stages and annual sales from its current business with the customer to exceed US$30 million in each of 2027 and 2028.
The cooperation includes a higher-capacity battery cell under development. The company expects commercial deliveries to begin in 2027 and believes the cell could generate larger orders and a long-term supply relationship. Sales of this cell are excluded from the annual estimates.
CBAK Energy (CBAT) signed an investment agreement to build a 12 GWh large cylindrical sodium-ion and lithium-ion battery project in Nanjing, advancing its sodium-ion expansion plans.
Separately, the company plans a 6 GWh expansion at its existing Nanjing facility in the second half of 2026, increasing its annual cell capacity there from 4.5 GWh to 10.5 GWh. At full capacity with all output sold, the additional 6 GWh is estimated to generate RMB2.4–2.7 billion (about US$356–400 million) in annual revenue. The 12 GWh project, planned to advance in the second half of 2027 subject to securing financing, is estimated to add RMB4.8–5.0 billion (about US$712–741 million) in annual revenue at full utilization. Production lines will be configurable between sodium-ion and lithium-ion chemistries, with development proceeding in phases based on financing, market conditions and customer demand.
CBAK Energy (CBAT) will present at Noble Capital Markets’ October 2026 Emerging Growth Virtual Equity Conference on October 1, 2026.
The CFO, Jiewei Li, will discuss the completed ramp-up of the Nanjing Phase II facility, which has reduced unit production costs and lifted daily output to about 177,800 Model 32140 cells in July 2026, up 174.0% from January 2026. Shipments of Model 32140 cells reached roughly 32.55 million units in the first seven months of 2026, a 101.5% year-over-year increase and about 8.6% above full-year 2025 volume.
The presentation will also cover an approximately US$96 million battery cell order from a leading Indian two- and three-wheeler manufacturer, expected to be delivered in 2027, and progress in AI data center customer validation of full-tab 26650 LFP cells. First-quarter 2026 unaudited net revenues rose 99.3% year over year to US$69.62 million, with light electric vehicle revenues up 441.6% to US$15.41 million.
CBAK Energy (CBAT) reported a 9.6% year-over-year reduction in combined Scope 1, 2 and 3 greenhouse gas emissions at its Dalian manufacturing facility in 2025.
GHG emissions intensity fell 5.9%, beating the site’s 4% annual reduction target by 1.9 percentage points. A 3.9 MWp rooftop solar system generated about 3.5 million kWh, of which roughly 3.2 million kWh (92.5%) was used on site, cutting purchased power needs, with 263,000 kWh exported to the grid. Production upgrades reduced overall manufacturing energy use by more than 10%. Improved material utilization lowered raw-material demand and reduced emissions by an estimated 883.2 metric tons of CO2e. A closed-loop system now recovers over 95% of NMP solvent for 100% reuse in electrode coating, and 978.95 metric tons of waste were handled through compliant channels with no environmental penalties in 2025.
CBAK Energy (NASDAQ: CBAT) announced a new large-scale battery cell order from a leading Indian two- and three-wheeler manufacturer with an estimated value of approximately US$96 million, excluding tax. The order is expected to bring the designated CBAK Energy manufacturing facility to full capacity, with deliveries targeted for completion within calendar year 2027.
The Indian Customer has previously placed smaller orders, and this agreement represents a major step-up in volume and an expansion of their commercial relationship. According to CBAK Energy, the order supports its international growth strategy and strengthens its position in India’s electric mobility market, while the company is also in discussions with another India-based customer about a potential large-volume order, which is not yet finalized.
CBAK Energy (NASDAQ: CBAT) announced expanded Model 32140 FS cell production capacity at its Nanjing Phase II facility, which currently has 3 GWh of annual capacity and is planned, under its long-term development plan, to reach 18 GWh, supported by about 2.9 million sq ft of planned gross floor area on roughly 58.8 acres.
The facility focuses on full-tab large cylindrical Model 32140 cells, with cumulative deliveries reaching 92 million units as of August 7, 2026. According to CBAK Energy, advanced process engineering, full automation of defined core processes, AI-enabled inspection and a “one cell, one digital identity” traceability system are used to enhance consistency, throughput, and digital quality control as production scales.
CBAK Energy (NASDAQ: CBAT) reported that shipments of its Model 32140 cylindrical cells for the seven months ended July 31, 2026 reached 32.55 million units, up 101.5% from 16.15 million a year earlier and about 8.6% above full-year 2025 shipments of 29.98 million units.
The company linked this growth to the ramp-up of its Nanjing Phase II automated lines, whose daily production capacity rose 174.0% from 64,900 in January to about 177,800 cells by July 2026, or 80.8% of its year-end target. CBAK Energy aims to reach 220,000 cells per day by the end of 2026 and highlighted ongoing demand from light electric vehicle and energy storage markets.
CBAK Energy (NASDAQ: CBAT) reported progress in customer testing and commercialization planning for its new full-tab cylindrical LFP cells, the 26650 HP V2.0 and 26650 PFS2 V2.0, developed over a 15‑month R&D program for AI data center BBU and UPS backup power.
According to CBAK Energy, dedicated cathode, anode, and electrolyte formulations and a full-tab architecture target voltage sag, heat buildup, and degradation during high‑rate discharge. Internal tests showed maximum discharge power of 260 W (HP V2.0) and 310 W (PFS2 V2.0) and internal resistance of about 2–3 mΩ versus roughly 6–7 mΩ for conventional multi‑tab cells. The company estimates these traits could cut thermal‑management costs by 5%–10% and extend system service life by 10%–15%, depending on system design. Samples are under evaluation by leading customers, with several moving to joint module‑level validation, while UL/CE qualification, long‑term materials supply agreements, and overseas supply‑chain options are being advanced within a broader dual‑track cylindrical battery strategy.
CBAK Energy (NASDAQ: CBAT) previewed its next-generation high-rate LFP cylindrical cells, 26650 HP V2.0 and 26650 PFS2 V2.0, for AI data center BBU and UPS backup power.
The cells target high-rate discharge up to 40C/38C, 100C pulse, ultra-low internal resistance below 3 mΩ, single-cell power up to 310 W, over 600 cycles under 5C/10C tests, and a -40°C to 70°C operating range.
CBAK Energy (NASDAQ: CBAT) has completed its redomiciliation from Nevada to the Cayman Islands via a merger effective June 23, 2026. Each common share converted into one ordinary share of CBAK Energy Technology Limited, now the successor issuer, with Nasdaq listing and ticker CBAT unchanged.
The move leaves business operations, management, assets and liabilities unchanged while aiming to lower ongoing costs, simplify corporate administration, streamline governance and provide more flexibility for future corporate transactions.