CBAT - Why CBAK Energy Technology Stock Skyrocketed 45.5% in January
Shares of CBAK Energy Technology (NASDAQ: CBAT) rose 45.5% in January, according to data from S&P Global Market Intelligence . The battery company's stock soared early in the month following a report that electric vehicle (EV) specialist NIO was gearing up to launch new models using lithium iron phosphate batteries.
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Why CBAK Energy Technology Stock Skyrocketed 45.5% in January