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CBAK Energy Agrees on Battery Supply Framework with European Customer

Source: GlobeNewswire

Automotive & EVTechnology & InnovationCorporate Guidance & Outlook

CBAK Energy signed a battery-supply framework agreement with an unnamed European blue-chip technology customer. The company expects annual sales from the relationship to exceed $30 million in both 2027 and 2028, providing a positive longer-term revenue visibility catalyst.

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