Core Viewpoint - CBAK Energy Technology, Inc. has secured a significant order from Africa's largest electric vehicle player, valued at approximately US$11.6 million, for its advanced lithium-ion batteries, indicating strong demand for sustainable mobility solutions in emerging markets [2][4]. Company Overview - CBAK Energy is a leading lithium-ion battery manufacturer in China, engaged in the development, manufacturing, and sales of high-power lithium batteries and raw materials [5]. - The company was the first lithium battery manufacturer in China to be listed on the Nasdaq Stock Market in January 2006 [5]. Order Details - The order consists mainly of CBAK Energy's Model 32140 large LFP cylindrical batteries, with potential follow-on orders from the customer totaling up to US$55 million [2]. - This strategic partnership aims to support the customer's rapidly expanding fleet of electric motorcycles across Africa, promoting sustainable mobility solutions [2][3]. Customer Profile - The customer is recognized as Africa's leading electric vehicle company, known for its innovative battery-swapping technology and electric motorcycles tailored for African conditions [3]. - The collaboration emphasizes the delivery of affordable and locally manufactured electric mobility solutions, contributing to a shift away from fossil fuel-based transport [3]. Strategic Focus - CBAK Energy's CEO highlighted the importance of this order in reinforcing the company's strategic focus on expanding its market presence in emerging regions [4]. - The partnership aligns with the company's commitment to the sustainable development of the electric mobility sector in Africa and beyond [4].

Core Insights - BAK Battery showcased its three main product lines: cylindrical, polymer, and prismatic batteries at the 17th China International Battery Fair (CIBF 2025) held in Shenzhen from May 15 to 17, 2025 [1] Cylindrical Battery - BAK Battery has over two decades of expertise in cylindrical batteries, developing a comprehensive product platform with high capacity, power, and safety [3] - The company has pioneered a tabless cylindrical battery matrix, enhancing performance metrics such as discharge capability, endurance, charging speed, and cycle life compared to traditional cylindrical batteries [3] Safety Standards - In response to safety concerns in electric two-wheelers, BAK's PRO-M high-safety battery meets and surpasses the new national safety standards GB43854-2024 and GB40559-2024, excelling in the nail penetration test [4] - The battery offers a wide temperature range and long cycle life, enhancing user experience [4] Polymer Battery - BAK is advancing solid-state battery technology, planning to launch a 390Wh/kg solid-state battery product by the end of 2025, with a cycle life of 800 cycles [5] - The solid-state battery is targeted for high-performance applications, including explosive-proof safety equipment and vehicle battery swapping [5] - BAK is also a leading supplier of consumer-grade polymer pouch lithium batteries, offering products with high power, fast charging, and high energy density [6] Prismatic Battery - BAK Battery is focusing on large-capacity cells as the energy storage sector transitions to high-quality development, introducing a 688Ah prismatic cell [8] - The company aims to reduce the cost per Wh, enhancing its competitive edge in the clean energy sector [8] Company Vision - Mr. Liu Zhibo, Executive Vice President of BAK Battery, emphasized the company's commitment to innovation, sustained R&D investment, and delivering high-quality products to contribute to a greener, low-carbon future [9]