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home / news releases / CBAT - CBAK Energy pops on partnership with European hydrogen firm

CBAT - CBAK Energy pops on partnership with European hydrogen firm

CBAK Energy Technology Inc.
CBAK Energy Technology ([[CBAT]] +10.1%) jumps at the open after saying it has partnered with "a leading European hydrogen energy group with 100 years of operation history" to promote the development of hydrogen fuel cells.CBAK says both companies "will be able to capitalize on each other's competitive advantages in technological innovation and industrial resources as well as exchange ideas on industry development."CBAK Energy "does not belong to the electric vehicle revolution," Lisbon Stock Picks writes in a bearish analysis published on Seeking Alpha.

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CBAK Energy pops on partnership with European hydrogen firm
Stock Information
Company Name: CBAK Energy Technology Inc.
Stock Symbol: CBAT
Market: NASDAQ
Website: cbak.com.cn
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