MBAK Energy Solutions, Inc. (OTC:MBAK) begins delivery to Indian Customers – part of $65 Million in 2026 Order fulfillment
Globenewswire·2025-12-10 14:23

Core Insights - MBAK Energy Solutions, Inc. has commenced delivery on $65 million in production orders for 2026, including contracts for the Indian power grid and electric personal transports [1] - The company is focused on renewable energy solutions, particularly through its Battery Energy Storage System (BESS) contract aimed at enhancing India's energy production capacity [1] - Demand for MBAK's electric two-wheelers remains robust across Europe, India, and Africa, attributed to the company's innovation and quality [2] Group 1 - MBAK Energy Solutions has secured $65 million in production orders for 2026, which includes BESS for the Indian power grid and battery cells for data centers [1] - The BESS contract supports India's initiative to boost renewable energy generation and storage capacity [1] - The company is receiving inquiries from power providers and commercial users in both regional and North American markets [1] Group 2 - The demand for MBAK's mobility products, particularly electric two-wheelers, is strong due to the company's reputation for innovation, reliability, safety, and quality [2] - MBAK specializes in the development and manufacturing of non-fossil fuel energy products, including lithium, sodium, and solid-state batteries for various applications [2]