CBAK Energy Technology

CBAK Energy Technology develops and manufactures battery cells and cathode materials through its headquarters in Dalian, China. The company trades on Nasdaq under ticker CBAT and produces both lithium-ion and sodium-ion batteries for electric vehicles, energy storage systems, light electric vehicles and industrial applications. Its product line includes cylindrical and prismatic cell formats across multiple battery chemistries.

The company operates two divisions that create vertical integration across the battery supply chain. The CBAK division produces battery cells in lithium iron phosphate (LFP), ternary lithium (NMC/NCA) and sodium-ion chemistries for automotive OEMs and energy storage integrators. The Hitrans division manufactures cathode materials and precursor compounds — the electrochemically active powders that form the positive electrode in battery cells. Cathode materials determine a battery's energy density, power output and cycle life. This upstream-to-downstream structure allows CBAK to control material specifications and costs from raw material processing through final cell assembly.

The company serves Chinese domestic and international customers across passenger electric vehicles, commercial vehicles, light electric vehicles such as e-bikes and scooters, and stationary grid storage installations. Sodium-ion technology offers an alternative chemistry that uses more abundant raw materials than lithium-based cells, addressing supply chain diversification for energy storage applications where energy density requirements are less stringent than automotive use cases.