CBAK Energy Captures 14.6% Share of 32140 Cylindrical Cell Market in Q1 2025
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.
CBAK Energy ha raggiunto una quota di mercato del 14,6% nel mercato globale delle celle cilindriche 32140 nel primo trimestre del 2025, secondo l'Istituto di Ricerca Start Point (SPIR). Questo posiziona l'azienda al quarto posto a livello mondiale tra i principali produttori di batterie.
Le prestazioni del produttore cinese di batterie seguono un 2024 molto positivo, durante il quale ha conquistato il 19% della quota di mercato globale. L'azienda, specializzata in batterie agli ioni di litio e agli ioni di sodio, rimane fiduciosa nel mantenere questo slancio grazie a trattative in corso con importanti clienti.
Il CEO Zhiguang Hu ha sottolineato l'impegno dell'azienda nel fornire soluzioni di accumulo energetico di alta qualità e nell'espandere la propria presenza sul mercato. Gli ultimi dati sulla quota di mercato evidenziano l'influenza crescente di CBAK nel settore globale delle batterie, in particolare per le celle cilindriche di grandi dimensioni.
CBAK Energy ha asegurado una cuota de mercado del 14,6% en el mercado global de celdas cilíndricas 32140 durante el primer trimestre de 2025, según el Instituto de Investigación Start Point (SPIR). Esto posiciona a la empresa en el cuarto lugar a nivel mundial entre los principales fabricantes de baterías.
El desempeño del fabricante chino de baterías sigue su fuerte rendimiento en 2024, cuando capturó el 19% de la cuota de mercado global. La compañía, especializada en baterías de ion de litio y de ion sodio, se mantiene optimista sobre mantener este impulso gracias a las negociaciones en curso con grandes clientes.
El CEO Zhiguang Hu destacó el compromiso de la empresa de ofrecer soluciones de almacenamiento de energía de alta calidad y de expandir su presencia en el mercado. Los datos más recientes sobre la cuota de mercado demuestran la creciente influencia de CBAK en el sector global de baterías, especialmente en las celdas cilíndricas grandes.
CBAK Energy는 2025년 1분기 글로벌 32140 원통형 셀 시장에서 14.6%의 시장 점유율을 확보했다고 Start Point 연구소(SPIR)가 발표했습니다. 이로써 회사는 주요 배터리 제조업체 중 전 세계 4위에 올랐습니다.
중국 배터리 제조업체의 이번 성과는 2024년에 글로벌 시장 점유율 19%를 차지한 강력한 실적에 이어진 것입니다. 리튬이온 및 나트륨이온 배터리를 전문으로 하는 이 회사는 주요 고객과의 지속적인 협의를 통해 이 성장세를 유지할 것으로 기대하고 있습니다.
CEO 주광 후(Zhiguang Hu)는 고품질 에너지 저장 솔루션 제공과 시장 점유율 확대에 대한 회사의 의지를 강조했습니다. 최신 시장 점유율 데이터는 특히 대형 원통형 셀 분야에서 CBAK의 글로벌 배터리 산업 내 영향력이 커지고 있음을 보여줍니다.
CBAK Energy a obtenu une part de marché de 14,6 % sur le marché mondial des cellules cylindriques 32140 au premier trimestre 2025, selon l'Institut de Recherche Start Point (SPIR). Cela place l'entreprise au quatrième rang mondial parmi les principaux fabricants de batteries.
Les performances du fabricant chinois de batteries font suite à une forte année 2024, durant laquelle il a capté 19 % de la part de marché mondiale. Spécialisée dans les batteries lithium-ion et sodium-ion, la société reste optimiste quant au maintien de cet élan grâce à des discussions en cours avec de grands clients.
Le PDG Zhiguang Hu a souligné l'engagement de l'entreprise à fournir des solutions de stockage d'énergie de haute qualité et à étendre sa présence sur le marché. Les dernières données sur les parts de marché démontrent l'influence croissante de CBAK dans le secteur mondial des batteries, en particulier dans les grandes cellules cylindriques.
CBAK Energy hat im ersten Quartal 2025 einen Marktanteil von 14,6 % im globalen Markt für 32140 zylindrische Zellen erreicht, so das Start Point Institute of Research (SPIR). Damit belegt das Unternehmen weltweit den vierten Platz unter den führenden Batterieherstellern.
Die Leistung des chinesischen Batterieherstellers folgt auf ein starkes Jahr 2024, in dem es 19 % des globalen Marktanteils erobern konnte. Das Unternehmen, das sich auf Lithium-Ionen- und Natrium-Ionen-Batterien spezialisiert hat, ist zuversichtlich, diesen Schwung durch laufende Verhandlungen mit wichtigen Kunden aufrechtzuerhalten.
CEO Zhiguang Hu betonte das Engagement des Unternehmens, hochwertige Energiespeicherlösungen zu liefern und seine Marktpräsenz auszubauen. Die neuesten Marktanteilsdaten zeigen den wachsenden Einfluss von CBAK im globalen Batteriemarkt, insbesondere im Bereich großer zylindrischer Zellen.
- Captured 14.6% global market share in 32140 cylindrical cells for Q1 2025, ranking 4th globally
- Maintained strong market position from previous 19% share in 2024
- Ongoing discussions with major customers suggest potential for further market expansion
- Market share declined from 19% in 2024 to 14.6% in Q1 2025
- Trailing behind three competitors in global market position
Insights
CBAK Energy reports 14.6% global market share in 32140 cylindrical cells, showing strong position despite decline from 19% in 2024.
CBAK Energy's Q1 2025 data reveals the company captured 14.6% of the global 32140 cylindrical battery cell market, positioning them fourth among worldwide manufacturers. This represents a meaningful achievement in the competitive battery sector, though it marks a 4.4 percentage point decrease from the 19% market share reported for full-year 2024.
The 32140 cylindrical form factor (32mm diameter, 140mm length) is gaining importance in energy storage applications, making this market segment strategically relevant. CBAK's double-digit market share demonstrates product acceptance and manufacturing capability in this specific battery category, especially noteworthy for a Chinese manufacturer competing against multinational corporations.
CEO Zhiguang Hu characterized the performance as "outstanding" despite the quarter-over-quarter decline. The company reports "ongoing discussions with major existing and prospective customers" but provides no specific details about potential contracts or revenue impact from this market position.
This market share data offers a snapshot of CBAK's competitive standing in one specific product category, providing investors with a tangible metric of the company's market penetration in the cylindrical cell segment. The company's ability to maintain substantial market share against larger competitors demonstrates its manufacturing capabilities, though the decline from previous reporting warrants attention.
DALIAN, China, April 30, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy" or the "Company"), a leading manufacturer of lithium-ion and sodium-ion batteries and electric energy solutions in China, today announced its Q1 2025 market performance for 32140 cylindrical cells, based on the latest findings from the Start Point Institute of Research (“SPIR”, “SPIR Report”). According to the SPIR Report, CBAK Energy’s 32140 cylindrical cell shipments captured a notable
Back in February, based on findings from the previous SPIR Report covering 2024, the Company announced it had captured a remarkable
"We are pleased to see our 32140 cylindrical cells continue to gain market acceptance," said Zhiguang Hu, Chief Executive Officer of CBAK Energy. "Our outstanding performance in Q1 2025 underscores our commitment to delivering high-quality, reliable energy storage solutions that meet the growing demands of our customers. We remain focused on innovation and expanding our market presence."
About CBAK Energy
CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium batteries and raw materials for use in manufacturing high power lithium batteries. The applications of the Company's products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing and Shaoxing, as well as a large-scale R&D and production base in Dalian.
For more information, please visit ir.cbak.com.cn.
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