China BAK Battery (NASDAQ:CBAT), referred to in a company presentation as CBAK Energy, outlined its growth strategy, customer base and valuation case during a recent investor event, emphasizing its position in cylindrical lithium iron phosphate battery cells and its expansion…
portunities in electric mobility, energy storage and backup power. Company representative Clara Blady said CBAK is a “commercially proven NASDAQ-listed battery company” with 25 years of experience in lithium and sodium-ion battery technologies
She said the company generated $195 million in net revenue in fiscal 2025 and currently operates 8.3 gigawatt-hours of annual battery cell capacity, with the ability to expand to as much as 38 GWh across its existing platform. Blady said CBAK’s customer base includes Anker, Viessmann, Ather, VARTA, Schneider Electric, Bajaj and Spiro. She added that the company serves customers in more than 40 countries and has maintained its top five customers for an average of five years.
The company currently carries a $32 million backlog, according to the presentation. Company Highlights Cylindrical Battery Focus CBAK positioned its large cylindrical battery cells as a core differentiator. Blady said the company’s product portfolio includes its Model 26 series, Model 32 series and Model 40 series, as well as a sodium-ion cell offering.