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home / news releases / CBAT - CBAK Energy inks agreement with AZAPA R&D China for developing customized battery pack

CBAT - CBAK Energy inks agreement with AZAPA R&D China for developing customized battery pack

CBAK Energy Technology Inc.
CBAK New Energy, wholly-owned subsidiary of CBAK Energy Technology (CBAT +2.0%) has entered into an agreement with AZAPA R&D China to develop a customized battery pack for the Sino-Japan joint venture that designs and produces electronic control systems and battery and control systems for electric vehicles. Pursuant to the pact, this battery pack will initially be used for testing low-speed electric vehicles produced by Daihatsu Motor Co., a subsidiary of Toyota Motor Corporation, while CBAK Nanjing will cooperate with AZAPA to jointly explore international markets. CBAK will deliver three sample battery pack sets to AZAPA by February 2022.

For further details see:

CBAK Energy inks agreement with AZAPA R&D China for developing customized battery pack
Stock Information
Company Name: CBAK Energy Technology Inc.
Stock Symbol: CBAT
Market: NASDAQ
Website: cbak.com.cn
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