CBAT - CBAK and NEMTRI inaugurate Power Battery Technology R&D center

CBAK Energy Technology's ([[CBAT]] +2.6%) wholly owned subsidiary, Dalian CBAK Energy Technology signed a strategic cooperation agreement with Changxing Sino-Russian New Energy and Material Technology Research Institute ((NEMTRI)) and founded the Power Battery Technology R&D Center.Both the parties will expand cooperation in the fields of solid-state battery, quasi solid-state battery, and new high performance electrochemical functional materials.The collaboration will help CBAK Energy to overcome technological difficulties, product examination and technological improvement; also support diversification of CBAK Energy's product and expand competitiveness.

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CBAK and NEMTRI inaugurate Power Battery Technology R&D center