CBAK Energy Technology (CBAT) Clean Energy Metals Virtual Investor Conference summary

Strategic positioning and market overview

• 25 years of innovation in lithium and sodium-ion battery technologies, with a focus on cylindrical cell technology and large-format sodium-ion cells.

• Global customer base includes leaders in portable power, home energy storage, and electric mobility, with strong partnerships in Europe, India, Africa, and North America.

• Current operational capacity is 8.3 GWh, with a design capacity of 38 GWh and a planned Southeast Asia facility targeting 3 GWh by 2028.

• $78 million order backlog and recent $96 million order from a leading Indian manufacturer, supporting full capacity utilization.

• Expansion into Southeast Asia aims to mitigate geopolitical risks and enhance global competitiveness.

Technology, products, and R&D

• Newly developed full-tab 26650 LFP cell targets AI data center backup power, offering high discharge rates and improved rack space efficiency.

• Product lineup includes Model 26, 32, and 40 Series cylindrical LFP batteries, with the Model 32 Series sodium-ion cell positioned for ultra-low temperature applications.

• Cylindrical cells provide safety, cost, and performance advantages, with 15% lower manufacturing costs and 25% higher energy density.

• Over 92 million Model 32 Series cells shipped with no safety incidents; 8% of sales reinvested in R&D and 462 patents held.

• Module-level testing underway with Tier 1 customers, and global certifications in progress for U.S. and European markets.

Operations, manufacturing, and supply chain

• Three main strategic facilities in China: Dalian (3.3 GWh, expanding to 16 GWh), Changzhou (0.5 GWh to 2 GWh), and Nanjing (4.5 GWh to 20 GWh).

• Nanjing Phase 2 ramped up, with shipments of 32 million units in the first seven months of 2026, up 101% year-over-year.

• Nanjing Phase 2 automation increases output to 200 cells per minute, reducing unit costs and improving efficiency.

• Hitrans Technology subsidiary provides 23,000 tons of cathode material capacity, with additional capacity under construction, enhancing supply chain control.

• Southeast Asia facility planned for 2028 to support global growth and supply chain resilience.