Dalian CBAK Power Battery CO., LTD., ("CBAK Battery", or the "Company") announced that the Company and Viessmann Faulquemont SAS ("Viessmann") have entered into a Supply Agreement. Under the agreement, Viessmann undertakes to purchase lithium battery cells and other further products from CBAK Battery.
CBAK Battery, a specialized high power battery provider in Dalian, is a wholly-owned operating subsidiary of CBAK Energy Technology, Inc. ("CBAK Energy", or the "Company",NASDAQ: CBAT) which is a world's leading lithium battery manufacturer and electric energy solution provider. The LFP battery is one of CBAK Energy's most popular self-developed products. It has outstanding performance in stability and safety, and it has been used in various kinds of electric vehicles, electric tools and energy storage, and has a good reputation with these customers. CBAK Energy has been dedicated to the research and development and commercial use of lithium batteries for more than 15 years.
The Viessmann Group | http://www.viessmann.com
CBAK Energy | http://www.cbak.com.cn