Brief: CBAK Energy Signs Investment Agreement for 12 GWh Sodium-Ion Battery Project in Nanjing
BRIEF-CBAK Energy Signs Investment Agreement for 12 GWh Sodium-Ion Battery Project in Nanjing Sept 23 (Reuters) - CBAK Energy Technology Ltd CBAT.O:
CBAK ENERGY SIGNS INVESTMENT AGREEMENT FOR 12 GWH SODIUM-ION BATTERY PROJECT IN NANJING
CBAK ENERGY TECHNOLOGY - PROJECT TO ADD 12 GWH OF ANNUAL CELL PRODUCTION CAPACITY
CBAK ENERGY TECHNOLOGY - TARGETS ADDITIONAL 6 GWH ANNUAL CELL CAPACITY AT NANJING FACILITY BY YEAR-END 2026
CBAK ENERGY TECHNOLOGY - ADDITIONAL 6 GWH COULD GENERATE RMB2.4-2.7 BILLION (US$356-400 MILLION) ANNUAL REVENUE
CBAK ENERGY TECHNOLOGY - 12 GWH PROJECT COULD GENERATE RMB4.8-5.0 BILLION (US$712-741 MILLION) ADDITIONAL ANNUAL REVENUE
CBAK ENERGY TECHNOLOGY - PLANS TO ADVANCE 12 GWH PROJECT IN SECOND HALF OF 2027, SUBJECT TO FINANCING
Source text: ID:nGNXlvYvj
Further company coverage: CBAT.O
((Reuters.Briefs@thomsonreuters.com))
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