CBAK Energy Announces Expansion in Nanjing: Equipment Procurement Completed and Trial Production Set for May 2025, Adding 3GWh of Capacity
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CBAK Energy Technology, Inc. (NASDAQ: CBAT) has completed equipment procurement for its Nanjing expansion, with trial production set for May 2025, adding 3GWh of capacity.
December 30, 2024 | 2:15 pm
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CBAK Energy has completed procurement for its Nanjing expansion, with trial production set for May 2025, adding 3GWh of capacity.
The completion of equipment procurement and the scheduled trial production in May 2025 for the Nanjing expansion indicates progress in CBAK Energy's growth strategy. The addition of 3GWh capacity is likely to enhance production capabilities and potentially increase future revenues, positively impacting the stock price in the short term.
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IMPORTANCE 80
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