MBAK Energy Solutions, Inc. (OTC:MBAK) partners with Carbon Zero Mobility in Kenya and the University of Michigan on Charger Design
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Rhea-AI Summary
MBAK Energy Solutions (OTC:MBAK) announced a partnership with University of Michigan Perot-Jain TechLab via Kenyan distributor Carbon-Zero Mobility to improve the open-source charger kit used with MBAK's Dominion e-motorcycles for the Kenya market on Dec 23, 2025. The project will analyze the current charging block, prototype design and ruggedization improvements, optimize the kit for manufacture, and return updated specifications to MBAK for incorporation into production.
The work targets ease-of-use, charger ruggedization, broad compatibility, and energy usage recording to support MBAK's e-mobility rollout in Africa and other markets.
Key Figures
- 2026 production orders
- $65,000,000
- Firm production orders for 2026 guidance
- Initial grid order size
- 100 MWh
- Indian power-grid BESS order before expansion
- Expanded grid order size
- 350 MWh
- Indian power-grid BESS order after expansion
- Price change 24h
- -4.35%
- Move prior to partnership announcement
- 52-week vs high
- -38.89%
- Price vs 52-week high before this news
- 52-week vs low
- 266.67%
- Price vs 52-week low before this news
- Float shares
- 3,057,453,752
- Reported shares float
- Today’s volume
- 3,416,098
- Trading volume prior to article
Historical Context
-
Began delivering against $65,000,000 of 2026 production orders.
-
Announced firm 2026 production orders of $65,000,000 with expanded grid project.
-
Completed OTC ticker change from ALYI to MBAK effective November 28, 2025.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
open-source technical
e-motorcycles technical
charger ruggedization technical
e-mobility technical
solid-state batteries technical
portable electronics technical
EV applications technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 23, 2025 (GLOBE NEWSWIRE) -- MBAK Energy Solutions, Inc. (OTC:MBAK) is partnering with the University of Michigan Perot-Jain TechLab through its Kenyan distribution partner, Carbon-Zero Mobility, Ltd. (CZM) to improve the “open-source” charging mechanisms that are basic kit for the MBAK manufactured Dominion line of e-motorcycles that CZM is bringing to market in Kenya. The charger design and ruggedization project will analyze the current charging block, make improvements to the kit to maximize ease-of-use, charger ruggedization, broad compatibility, and energy usage recording. The team will then “prototype” the improvements, optimize the improved kit for manufacture, and return the updated specifications to MBAK for incorporation into the manufacturing process. Both Patrick Kimathi, CEO of CZM, and Chairman Boos are optimistic that this project will pay dividends for both organizations by leveraging the academic and design expertise of the Perot-Jain TechLab to stay at the forefront of innovation in e-mobility.
Demand for the company’s mobility products, specifically electric two wheelers for Europe, India, and Africa remains strong due to the company’s record of innovation, reliability, safety and quality.
MBAK Energy Solutions, Inc. is engaged in the development, manufacturing, and commercialization of non-fossil fuel energy products. The company has expertise in the design and production of lithium, sodium, and solid-state batteries for industrial, medical, portable electronics, and EV applications.
Contact: info@mbakcorp.com, press@mbakcorp.com
Website: www.mbakcorp.com

Chairman Boos meets with Indian Customers

Customer performing QC checks on MBAK components
Disclaimer/Safe Harbor: Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/73c94e41-332b-4d9b-96ef-964bd8f39e05
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9234287c-0690-4f57-a300-cdcfa39aff90
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