CBAK Battery Signed Supply Agreement with Viessmann
CBAK Energy Technology, Inc. (CBAT)
Company Research
Source: PR Newswire
DALIAN, China, Jan. 10, 2020 /PRNewswire/ -- Dalian CBAK Power Battery CO., LTD., ("CBAK Battery", or the "Company") announced that the Company and Viessmann Faulquemont SAS ("Viessmann") have entered into a Supply Agreement. Under the agreement, Viessmann undertakes to purchase lithium battery cells and other further products from CBAK Battery. CBAK Battery, a specialized high power battery provider in Dalian, is a wholly-owned operating subsidiary of CBAK Energy Technology, Inc. ("CBAK Energy", or the "Company", NASDAQ: CBAT) which is a world's leading lithium battery manufacturer and electric energy solution provider. The LFP battery is one of CBAK Energy's most popular self-developed products. It has outstanding performance in stability and safety, and it has been used in various kinds of electric vehicles, electric tools and energy storage, and has a good reputation with these customers. CBAK Energy has been dedicated to the research and development and commercial use of lithium
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