CBAK Energy Technology Inc. Announces Strategic Expansion with New Battery Cell Manufacturing Facility in Malaysia in Partnership with Anker Innovations

Reuters

06/30

CBAK Energy Technology Inc. Announces Strategic Expansion with New Battery Cell Manufacturing Facility in Malaysia in Partnership with Anker Innovations

CBAK Energy Technology, Inc. $(CBAT)$, a key player in the lithium-ion and sodium-ion battery industry, is expanding its global footprint through a strategic partnership with Anker Innovations Technology Co., Ltd. As part of this collaboration, CBAK Energy will establish a new battery cell manufacturing facility in Malaysia, with construction already underway. The facility is slated to begin mass production of the company's LFP cylindrical battery models, 32140 and 40135, by the end of 2025. This partnership includes potential orders valued at up to $357 million, highlighting Anker's confidence in CBAK Energy's capabilities. The expansion marks a significant step in CBAK Energy's commitment to enhancing its global manufacturing presence.

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: GNW9486565-en) on June 30, 2025, and is solely responsible for the information contained therein.

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ID: GNW9486565-en) on June 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B64PRP62.GBP","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250630:nNDL7R0xsX:1","article_id":"2547190094","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2547190094","pubTimestamp":1751288459,"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. 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Announces Strategic Expansion with New Battery Cell Manufacturing Facility in Malaysia in Partnership with Anker Innovations\n    \n\n        CBAK Energy Technology, Inc. $(CBAT)$, a key player in the lithium-ion and sodium-ion battery industry, is expanding its global footprint through a strategic partnership with Anker Innovations Technology Co., Ltd. As part of this collaboration, CBAK Energy will establish a new battery cell manufacturing facility in Malaysia, with construction already underway. The facility is slated to begin mass production of the company's LFP cylindrical battery models, 32140 and 40135, by the end of 2025. This partnership includes potential orders valued at up to $357 million, highlighting Anker's confidence in CBAK Energy's capabilities. 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