Gearing up capacity for the growing energy storage/lev/ev markets

-, dec. 20, 2021 /prnewswire/ -- founded in 2001 and headquartered in dalian, china, cbak energy technology inc. (nasdaq: cbat) develops, manufactures and sells rechargeable lithium-ion batteries currently applicable to household energy storage and light electric vehicles (lev), and is building production capacity targeting the passenger electric vehicle (ev) markets. cbat primarily operates in china, and has business exposures to europe, south korean, israel and u.s.  cbat was listed on nasdaq in 2006 as the 1st us-listed chinese lithium-ion battery producer.
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