CBAK Energy Announces 3-Year Partnership For RMB 180 Million Lithium-Ion Battery Order With Echom
Portfolio Pulse from Benzinga Newsdesk
CBAK Energy has announced a three-year partnership with Echom for a lithium-ion battery order worth RMB 180 million. The partnership is expected to boost CBAK Energy's revenues and market presence.

July 10, 2023 | 12:01 pm
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CBAK Energy's new partnership with Echom for a lithium-ion battery order is expected to increase the company's revenues and market presence.
The partnership with Echom for a lithium-ion battery order worth RMB 180 million is a significant deal for CBAK Energy. This is expected to increase the company's revenues and strengthen its market presence, which could positively impact the company's stock price in the short term.
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