Cbak energy expands battery production capacities through strategic collaborations in shangqiu city, henan, china

Meeting surging demand for lithium-ion batteries with cost-effective expansion dalian, china , july 21, 2023 /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 its subsidiary, dalian cbak power battery co., ltd. ("dalian cbak"), has successfully reached agreements with the shangqiu urban-rural integration demonstration zone (the "shangqiu city") and partnering entities (the "lessor").
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