CBAK Energy signs investment deal for 12 GWh sodium-ion battery project in Nanjing
Bitget2026/09/23 13:04- 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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Crypto prices
More
