Cbak energy to co-develop na-ion cells with chinese battery manufacturer

Dalian, china , july 26, 2022 /prnewswire/ -- cbak energy technology, inc. (nasdaq: cbat) ("cbak energy," or the "company"), a leading lithium-ion battery manufacturer and electric energy solution provider in china, today announced that the company has entered into an agreement with another chinese high-tech battery maker who is one of the top players leading in the research and development of na-ion battery to co-develop sodium-ion battery cells. the sodium-ion battery chemistry is considered to be one of the most promising "beyond-lithium" energy storage technologies, particularly for large-scale electric vehicle and stationary applications.
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