Benzinga | Jan 11, 2021 09:05AM EST

CBAK Energy Partners With JAC Motors To Jointly Develop New Battery Cells

DALIAN, China, Jan. 11, 2021 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ:CBAT) ("CBAK Energy", or the "Company",), a leading lithium-ion battery manufacturer and electric energy solution provider, today announced that it has signed a three-year strategic agreement (the "Agreement") with Anhui Jianghuai Motors Group Co., Ltd (SSE: 600418) ("JAC Motors") for joint product development.