Cbak Energy Technology Stock Price, News & Analysis

CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a high-tech enterprise in China focused on the development, manufacturing, and sales of new energy high-power batteries and related raw materials. The company operates in the storage battery manufacturing industry within the broader manufacturing sector and is engaged in both lithium and sodium high-power rechargeable batteries, as well as materials used in producing high-power lithium batteries.

According to company disclosures, CBAK Energy’s products and solutions are used in applications such as electric vehicles, light electric vehicles, energy storage, uninterruptible power supply (UPS), electric tools, and other high-power scenarios. The company notes that it became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market in January 2006, and its common stock trades under the symbol CBAT on Nasdaq.

Business segments and operations

CBAK Energy reports two primary operating components in its business. Its core battery business involves the manufacture, commercialization, and distribution of standard and customized high-power rechargeable batteries, including small and large cylindrical cell models. The company has highlighted models such as 26650, 26700, 32140, and 40135 in its public communications, describing a product portfolio that spans small cylindrical cells and larger cylindrical formats.

The company also operates the Hitrans raw materials segment, which focuses on the development and manufacturing of NCM (nickel cobalt manganese) precursor and cathode materials and other raw materials used in high-power lithium batteries. CBAK Energy’s financial disclosures describe Hitrans as an independently managed raw materials business acquired in 2021, which contributes a significant portion of net revenues alongside the self-operated battery business.

Geographic footprint and facilities

CBAK Energy states that it has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing, and Shangqiu, along with a large-scale research and development and production base in Dalian. The company has also disclosed plans to establish a new battery cell manufacturing facility in Malaysia through a subsidiary, with the facility intended to produce its flagship LFP cylindrical battery models 32140 and 40135.

In its public statements, CBAK Energy notes that its customer base is global and includes companies in markets such as India and Africa, particularly in sectors like two- and three-wheeler electric vehicles, portable energy storage, and broader energy storage solutions. The company has described strategic partnerships and sizeable orders with customers in these regions, reflecting demand for its large cylindrical lithium iron phosphate (LFP) battery cells.

Product portfolio and technology focus

CBAK Energy emphasizes high-power lithium-ion and sodium-ion batteries as a core focus. Its cylindrical cell portfolio includes models 26650/26700 and large cylindrical models 32140/40135. The company has described a product portfolio upgrade at its Dalian facilities, transitioning from the long-established Model 26650, originally developed in 2006, toward the larger and higher-capacity Model 40135. Management commentary indicates that major customers are testing, validating, and migrating to the Model 40135, which has temporarily affected sales of legacy products during the transition period.

CBAK Energy has also disclosed development of a Series 46 production line for an upcoming Model 46950 cell, designed for electric vehicle applications. According to company statements, this model will be offered in variants using NCM chemistry or a hybrid of LMFP (lithium manganese iron phosphate) and NCM. The company has highlighted that these cells are engineered for EV use and target higher energy density compared with its current flagship 32140 cell, as well as support for higher-rate fast charging.

Applications and end markets

Public filings and press releases describe CBAK Energy’s batteries being used in:

• Electric vehicles, including two- and three-wheeler platforms and other EV applications
• Light electric vehicles
• Residential and other energy storage systems
• Uninterruptible power supply (UPS) and backup power
• Electric tools and other high-power uses

The company’s financial disclosures break out net revenues from its battery business by application, including electric vehicles, light electric vehicles, and residential energy supply and uninterruptible supplies. This indicates that CBAK Energy tracks performance across these end-use categories as part of its reporting structure.

Corporate structure and redomicile plan

CBAK Energy Technology, Inc. is incorporated in Nevada. In a Form 8-K, the company reported that on September 23, 2025, it entered into an Agreement and Plan of Merger with CBAK Energy Technology Limited, an exempted company incorporated in the Cayman Islands and a wholly owned subsidiary. The proposed transaction is described as a redomicile merger, under which the Nevada company will merge with and into the Cayman entity, with the Cayman company continuing as the surviving company.

According to the merger disclosure, upon completion of the redomicile merger, each share of CBAK Energy’s common stock would be converted into the right to receive one ordinary share of the Cayman company. The company states that, following the redomicile, the surviving entity and its subsidiaries will own and continue to conduct the business in substantially the same manner as before, with consolidated assets and liabilities remaining the same. The merger is subject to conditions including stockholder approval, regulatory approvals, and the effectiveness of a registration statement on Form F-4 filed with the SEC.

Stock listing and governance

CBAK Energy’s common stock, with a par value of $0.001 per share, is listed on the Nasdaq Stock Market LLC under the trading symbol CBAT, as indicated in multiple Form 8-K filings. The company files periodic reports, proxy statements, and other documents with the U.S. Securities and Exchange Commission. A definitive proxy statement on Schedule 14A describes matters such as the election of directors and ratification of the independent registered public accounting firm, and provides information on the annual meeting of stockholders.

Financial reporting and segments

In its financial press releases furnished on Form 8-K, CBAK Energy reports net revenues as the combination of its self-operated battery business and the Hitrans raw materials segment. The company provides segment information including net revenues, gross profit or loss, gross margin, and net income or loss for each segment, as well as application-based revenue breakdowns for the battery business. These disclosures show that the company’s performance is influenced by both battery cell sales and raw materials pricing and demand.

The company has also filed a Form 12b-25 (Notification of Late Filing) indicating that, for a particular quarter, it had not finalized its financial statements in time to file a Form 10-Q by the prescribed deadline and expected to file within the allowed grace period. This filing confirms its ongoing status as an SEC-reporting issuer and provides context on its financial reporting process.

Historical milestone

CBAK Energy highlights that in January 2006 it became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. This historical fact is cited in multiple press releases and forms part of the company’s description of its background in the new energy battery industry.

FAQs about CBAK Energy Technology, Inc. (CBAT)

What does CBAK Energy Technology, Inc. do?
CBAK Energy Technology, Inc. develops, manufactures, and sells new energy high-power lithium and sodium batteries and produces raw materials used in manufacturing high-power lithium batteries. Its products and solutions are used in electric vehicles, light electric vehicles, energy storage, UPS, electric tools, and other high-power applications, as described in its public press releases.

What are CBAK Energy’s main business segments?
The company reports two main components: its self-operated battery business, which manufactures and sells high-power rechargeable batteries, and the Hitrans segment, which develops and manufactures NCM precursor and cathode materials and other raw materials for high-power lithium batteries. Net revenues are reported as the combination of these two areas.

Where does CBAK Energy operate?
CBAK Energy states that it has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing, and Shangqiu in China, along with a large-scale R&D and production base in Dalian. It has also announced the establishment of a battery cell manufacturing facility in Malaysia through a subsidiary.

On which exchange is CBAT stock listed?
According to the company’s SEC filings, CBAK Energy’s common stock is listed on the Nasdaq Stock Market LLC under the trading symbol CBAT.

What types of batteries does CBAK Energy produce?
Public disclosures describe a portfolio of high-power cylindrical lithium and sodium batteries, including small cylindrical models 26650/26700 and large cylindrical models 32140 and 40135. The company has also discussed development of a Series 46 line for the upcoming Model 46950 cell for electric vehicle applications.

In which applications are CBAK Energy’s batteries used?
The company states that its products are used in electric vehicles, light electric vehicles, energy storage systems, uninterruptible power supply (UPS), electric tools, and other high-power applications. Its financial reporting also breaks out battery revenues by applications such as electric vehicles, light electric vehicles, and residential energy supply and uninterruptible supplies.

What is the Hitrans segment?
Hitrans is described as a battery raw materials segment acquired in 2021. It develops and manufactures NCM precursor and cathode materials and other raw materials used in high-power lithium batteries. It operates as an independently managed business and contributes a significant portion of the company’s net revenues.

What is the planned redomicile merger involving CBAK Energy?
In a Form 8-K, CBAK Energy reported an Agreement and Plan of Merger under which the Nevada-incorporated company would merge with and into CBAK Energy Technology Limited, a Cayman Islands company and wholly owned subsidiary. Following this redomicile merger, the Cayman entity would be the surviving company, and each share of CBAK Energy common stock would be converted into the right to receive one ordinary share of the Cayman company, subject to conditions including stockholder and regulatory approvals.

When did CBAK Energy first list on Nasdaq?
Company press releases state that CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market in January 2006.

How does CBAK Energy describe its customer base?
In its public communications, the company describes a global customer base that includes customers in sectors such as India’s two- and three-wheeler market, portable power bank manufacturers, and energy storage companies, as well as customers in Africa’s electric vehicle market. These references appear in the context of specific orders and strategic partnerships disclosed by the company.