CBAK Energy Signs Investment Agreement for 12 GWh Sodium-Ion Battery Project in Nanjing
CBAK Energy signed an investment agreement with the Nanjing Gaochun Economic Development Zone for a 12 GWh sodium-ion battery cell and systems project in Nanjing, Jiangsu Province. Separately, the company targets an additional 6 GWh of annual capacity at its existing Nanjing facility by year-end 2026, which would lift total capacity from 4.5 GWh to 10.5 GWh to meet demand for Model 60150 large cylindrical cells.
Key figures
- Project timing
- 6 GWh expansion H2 2026; 12 GWh project H2 2027, subject to financing
- Existing capacity gwh
- 4.5
- Near term expansion gwh
- 6
- New project capacity gwh
- 12
- Expansion revenue estimate
- RMB2.4B-RMB2.7B (~US$356M-US$400M) annually at full capacity
- Project12 revenue estimate
- RMB4.8B-RMB5.0B (~US$712M-US$741M) annually at full capacity
- Total capacity after expansion gwh
- 10.5
AI analysis
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