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2 clusters · 5 sources · 6 days · First seen · Last updated

CBAK Energy sodium-ion battery production expansion

Overview

CBAK Energy Technology Limited has initiated plans to expand its battery production capacity, specifically targeting a 12 GWh annual output for sodium-ion batteries. The company reported successful internal testing of its 32140 NH-7Ah sodium-ion cells, which utilize a sodium iron phosphate pyrophosphate cathode and demonstrated performance across a temperature range of −40°C to 70°C.

Following these technical developments, CBAK Energy signed a conditional investment agreement with the Nanjing Gaochun Economic Development Zone to establish a 12 GWh project in Nanjing, China. This new facility is designed for manufacturing flexibility, allowing production lines to switch between sodium-ion and lithium-ion cells based on market demand. The company estimates that at full capacity, the project could generate annual revenue between RMB 4.8 billion and RMB 5 billion. This project is distinct from an existing expansion at the company’s current Nanjing site, which aims to increase capacity from 4.5 GWh to 10.5 GWh by the end of 2026.

Entities

China · CBAK Energy Technology Limited · Nanjing · CATL · Nanjing Gaochun Economic Development Zone

Timeline

  1. [BUSINESS] 2 sources
    CBAK Energy signs agreement for 12GWh battery project in Nanjing

    CBAK Energy has signed an agreement for a 12GWh battery project in Nanjing, featuring flexible production lines for both sodium-ion and lithium-ion cylindrical cells.

  2. [BUSINESS] 3 sources
    CBAK Energy outlines 12 GWh sodium-ion battery production plan

    CBAK Energy announced plans for 12 GWh of annual sodium-ion battery capacity, as the industry shifts toward sodium-ion technology to mitigate lithium price volatility and diversify supply chains.

Sources

bestmag.co.uk · dailyguardian.ca · gcn.com · interestingengineering.com · saurenergy.com