Cbak energy obtains $29 million battery order from european customer

Dalian, china, may 13, 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 received an order from a leading european provider of heating, cooling and renewable energy systems (the "customer"), for a supply of lithium-ion batteries worth eur 28.2 million ($29.3 million). pursuant to the order, cbak energy will ship approximately 13.9 million units of batteries to the customer.
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