CBAK Energy signs investment deal for 12 GWh sodium-ion battery project in Nanjing
Bitget2026/09/23 13:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- CBAK Energy signed an investment agreement for a 12 GWh large cylindrical sodium-ion battery project in Nanjing, Jiangsu.
- Lines will be able to switch between sodium-ion or lithium-ion output, based on demand.
- Project scope includes cell manufacturing, module assembly, battery pack integration; phased build planned for 2H 2027, subject to financing.
- Separately, a 6 GWh capacity expansion at its existing Nanjing plant is targeted by year-end 2026, lifting total to 10.5 GWh.
- Full-utilization revenue estimates: RMB 2.4 billion–RMB 2.7 billion for the 6 GWh expansion; RMB 4.8 billion–RMB 5.0 billion for 12 GWh.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cbak Energy Technology Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609230900PRIMZONEFULLFEED9832370) on September 23, 2026, and is solely responsible for the information contained therein.
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