DALIAN, China, June 03, 2025 — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”), a leading Chinese manufacturer of lithium-ion batteries and provider of electric energy solutions, today announced it has received a follow-up order worth approximately $3 million from Livguard, a major Indian energy storage solutions company. This order brings the total value of orders from Livguard to $7.9 million since the partnership began.

Livguard, an Indian company backed by the SAR Group’s 37-year history, has become a leader in India’s energy solutions market. Livguard offers a wide range of products, including inverters, batteries, solar energy systems, and automotive power solutions. It has a strong nationwide sales and service network, serving millions of customers and helping India move towards sustainable energy.

Livguard uses CBAK Energy’s Model 32140 cylindrical lithium-ion batteries because of their high performance and reliability in various energy applications.

CBAK Energy’s Chief Executive Officer, Zhiguang Hu, said: “In January, we announced our partnership with Ather, a top five two- and three-wheeler manufacturer in India. Now, with this large order from Livguard, we are further solidifying our presence in India’s rapidly growing energy market. This order confirms the high quality and reliability of our battery technology. We are eager to strengthen our strategic partnership with Livguard and continue to offer innovative energy solutions that meet the changing needs of the global market.”

About CBAK Energy

CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China that develops, manufactures, and sells new energy high-power lithium batteries and raw materials for their production. The Company’s products and solutions are used in electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supplies (UPS), and other high-power applications. In January 2006, CBAK Energy became the first Chinese lithium battery manufacturer to be listed on the Nasdaq Stock Market. CBAK Energy has several operating subsidiaries in Dalian, Nanjing, and Shaoxing, as well as a large R&D and production base in Dalian.

For more information, please visit ir.cbak.com.cn.

Safe Harbor Statement

This press release contains “forward-looking statements” that involve significant risks and uncertainties. All statements in this press release that are not statements of historical fact, including statements about our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We have tried to identify these forward-looking statements by using words such as “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other similar words. Our actual results may differ significantly from those discussed or implied by these forward-looking statements.

The forward-looking statements in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking statements, except as required by law.

For further inquiries, please contact:

In China:
CBAK Energy Technology, Inc.
Investor Relations Department
Mr. Thierry Jiewei Li
Phone: 86-18675423231
Email:

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