CBAK Energy Secures $11.6 Million Order from Africa's Leading EV Company for Advanced Batteries

Reuters

06-09

CBAK Energy Secures $11.6 Million Order from Africa's Leading EV Company for Advanced Batteries

CBAK Energy Technology Inc., a prominent lithium-ion battery manufacturer in China, has announced a significant order valued at $11.6 million from Africa's largest electric vehicle $(EV)$ company. This order primarily consists of CBAK Energy's advanced Model 32140 large LFP cylindrical batteries. The partnership aims to support the expansion of electric mobility in Africa, with a focus on battery-swapping technology and electric motorcycles tailored for the region. CBAK Energy anticipates follow-on orders from this partnership potentially totaling $55 million, which will further aid in integrating high-performance batteries into the customer's growing fleet of electric motorcycles. This collaboration highlights a mutual dedication to promoting sustainable transportation solutions in emerging markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBAK Energy Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9465199-en) on June 09, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBAK Energy Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9465199-en) on June 09, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250609:nNDL4cZYKJ:1","article_id":"2542827093","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542827093","pubTimestamp":1749474033,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CBAK Energy Technology Inc., a prominent lithium-ion battery manufacturer in China, has announced a significant order valued at $11.6 million from Africa's largest electric vehicle  company. 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