CBAK Energy Announces Expansion in Nanjing: Equipment Procurement Completed and Trial Production Set for May 2025, Adding 3GWh of Capacity
CBAK Energy (NASDAQ: CBAT) has announced significant progress in its Nanjing expansion project. The company has completed procurement agreements and prepayments for equipment needed for two new production lines in Phase II. The Phase I facility, operating since late 2021, currently runs at full 1.3GWh capacity across two lines. The new Phase II lines, scheduled for trial production by May 2025 and full production by late 2025, will add 3GWh of annual capacity.
The new lines will primarily produce Model 32140 large cylindrical battery cells and can be modified to manufacture the upgraded Model 40135 cells for portable power supply and home energy storage systems. This expansion is part of Phase II's larger planned capacity of 27GWh, driven by increased demand for the company's 32140 battery cells in 2024.
CBAK Energy (NASDAQ: CBAT) ha annunciato significativi progressi nel suo progetto di espansione a Nanchino. L'azienda ha completato gli accordi di approvvigionamento e i pagamenti anticipati per le attrezzature necessarie per due nuove linee di produzione nella Fase II. L'
Le nuove linee produrranno principalmente celle di batteria cilindrica di grandi dimensioni Model 32140 e possono essere modificate per fabbricare le celle Model 40135 aggiornate per sistemi di alimentazione portatile e stoccaggio energetico domestico. Questa espansione è parte della capacità totale pianificata di 27GWh della Fase II, alimentata dall'aumento della domanda per le celle di batteria 32140 dell'azienda nel 2024.
CBAK Energy (NASDAQ: CBAT) ha anunciado avances significativos en su proyecto de expansión en Nanjing. La compañía ha completado acuerdos de adquisición y pagos anticipados para el equipo necesario para dos nuevas líneas de producción en la Fase II. La instalación de la Fase I, que opera desde finales de 2021, actualmente opera a plena capacidad de 1,3GWh en dos líneas. Las nuevas líneas de la Fase II, programadas para producción de prueba para mayo de 2025 y producción completa para finales de 2025, agregarán 3GWh de capacidad anual.
Las nuevas líneas producirán principalmente celdas de batería cilíndricas grandes del modelo 32140 y pueden ser modificadas para fabricar las celdas mejoradas del modelo 40135 para suministro de energía portátil y sistemas de almacenamiento de energía doméstica. Esta expansión es parte de una capacidad total planeada de 27GWh para la Fase II, impulsada por el aumento de la demanda de las celdas de batería 32140 de la compañía en 2024.
CBAK Energy (NASDAQ: CBAT)는 난징 확장 프로젝트에서 중요한 진전을 발표했습니다. 이 회사는 2개의 새로운 생산 라인에 필요한 장비에 대한 조달 계약 및 선수금을 완료했습니다. 1단계 시설는 2021년 말부터 운영되고 있으며 현재 2개의 라인에서 1.3GWh의 전체 용량으로 운영되고 있습니다. 2단계의 새로운 라인은 2025년 5월까지 시험 생산을 목표로 하며 2025년 말까지 본격 생산에 들어가며, 연간 3GWh의 용량을 추가할 예정입니다.
새로운 라인은 주로 모델 32140 대형 원통형 배터리 셀을 생산할 예정이며, 휴대용 전원 공급 장치와 가정용 에너지 저장 시스템용으로 업그레이드된 모델 40135 셀 생산을 위해 조정할 수 있습니다. 이번 확장은 2024년 회사의 32140 배터리 셀에 대한 수요 증가로 인한 27GWh의 더 큰 계획 용량의 일부입니다.
CBAK Energy (NASDAQ: CBAT) a annoncé des progrès significatifs dans son projet d'expansion à Nankin. L'entreprise a conclu des accords d'approvisionnement et des prépaiements pour l'équipement nécessaire à deux nouvelles lignes de production dans la Phase II. La structure de la Phase I, en fonctionnement depuis fin 2021, fonctionne actuellement à pleine capacité de 1,3GWh sur deux lignes. Les nouvelles lignes de la Phase II, prévues pour une production d'essai d'ici mai 2025 et une production complète d'ici fin 2025, ajouteront 3GWh de capacité annuelle.
Les nouvelles lignes produiront principalement des cellules de batterie cylindriques de grande taille modèle 32140 et pourront être modifiées pour fabriquer des cellules modèle 40135 mises à jour pour l'alimentation portable et les systèmes de stockage d'énergie domestique. Cette expansion fait partie de la capacité totale prévue de 27GWh pour la Phase II, motivée par la demande accrue des cellules de batterie 32140 de l'entreprise en 2024.
CBAK Energy (NASDAQ: CBAT) hat bedeutende Fortschritte bei seinem Erweiterungsprojekt in Nanjing angekündigt. Das Unternehmen hat Beschaffungsverträge und Vorauszahlungen für die benötigte Ausrüstung für zwei neue Produktionslinien in Phase II abgeschlossen. Die Phase-I-Anlage, die seit Ende 2021 betrieben wird, läuft derzeit mit voller Kapazität von 1,3GWh auf zwei Linien. Die neuen Linien der Phase II, die bis Mai 2025 mit Testproduktionen und bis Ende 2025 mit der vollen Produktion geplant sind, werden 3GWh an jährlicher Kapazität hinzufügen.
Die neuen Linien werden hauptsächlich große zylindrische Batteriezellen Modell 32140 produzieren und können modifiziert werden, um die aktualisierten Batteriezellen Modell 40135 für tragbare Stromversorgung und Heimspeichersysteme herzustellen. Diese Expansion ist Teil der größeren geplanten Kapazität von 27GWh in Phase II, die durch die gestiegene Nachfrage nach den 32140-Batteriezellen des Unternehmens im Jahr 2024 vorangetrieben wird.
- Phase I facility operating at full 1.3GWh capacity, indicating strong demand
- Addition of 3GWh annual production capacity through two new lines
- Production line flexibility to manufacture both 32140 and upgraded 40135 models
- All equipment procurement completed and prepaid for Phase II expansion
- Significant wait time until production begins (May 2025 for trials, late 2025 for full production)
- Large capital expenditure required for equipment prepayment
Insights
The expansion project marks a substantial operational milestone for CBAK Energy, adding 3GWh of annual production capacity through two new production lines. The strategic decision to accelerate Phase II implementation demonstrates strong market validation of their 32140 cells, with current facilities operating at maximum capacity. The dual-capability production line that can manufacture both 32140 and 40135 models provides valuable operational flexibility and risk mitigation.
The completion of equipment procurement and prepayment significantly de-risks the project's execution timeline. The May 2025 trial production target appears realistic given the 5-month timeline for equipment installation and calibration. The phased approach to the 27GWh expansion is prudent from an operational and capital efficiency perspective.
This expansion aligns perfectly with the explosive growth in energy storage demand, particularly in China's rapidly evolving market. The 40135 cell format targeting portable power and home energy storage applications positions CBAK strategically in high-growth segments. The timing of full production by late 2025 coincides with projected peak demand cycles in the energy storage sector.
The 27GWh total planned capacity for Phase II indicates CBAK's aggressive growth strategy and confidence in market demand. Current full capacity utilization of Phase I's 1.3GWh validates their market position. The flexible manufacturing capability between 32140 and 40135 formats provides a competitive edge in serving diverse market segments while optimizing capacity utilization.
Launched in 2021, the Company's
These two production lines are specifically designed for the production of Model 32140 large cylindrical battery cells. With certain modifications, they can also be adapted to efficiently manufacture the upgraded Model 40135 cylindrical battery cells. The Model 40135 is an advanced product from the 32140, specifically tailored for portable power supply applications and home energy storage systems. Together, these two production lines will have an annual production capacity of approximately 3GWh.
Zhiguang Hu, Chief Executive Officer of CBAK Energy, commented, "We are thrilled to announce the acceleration of our Phase II project in
About CBAK Energy
CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium batteries and raw materials for use in manufacturing high power lithium batteries. The applications of the Company's products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing and Shaoxing, as well as a large-scale R&D and production base in Dalian.
For more information, please visit ir.cbak.com.cn.
Safe Harbor Statement
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In
CBAK Energy Technology, Inc.
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Email: ir@cbak.com.cn
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SOURCE CBAK Energy Technology, Inc.
FAQ
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