CBAK Energy Reports Approximately US$8.22 Million in Cumulative Orders from AGV Battery Pack Manufacturer
Key Highlights
- ➤CBAK Energy receives approximately US$8.22 million in cumulative AGV battery orders
- ➤CBAK Energy’s 26650 PFS2 and 32140 FS cells passed customer safety and performance evaluations
- ➤32140 FS cell supports 2C fast charging and reached full charge in approximately 30 minutes
- ➤26650 PFS2 cell achieved 3,000-cycle life in Company testing
Expert Statements
Zhiguang Hu, Chief Executive Officer of CBAK Energy
“AGV applications are an important market for our cylindrical LFP cells.”
Zhiguang Hu, Chief Executive Officer of CBAK Energy
“Our relationship with this customer has grown from initial evaluations into several years of supply.”
Zhiguang Hu, Chief Executive Officer of CBAK Energy
“It shows the commercial value of meeting demanding operating requirements while maintaining consistent product quality.”
Zhiguang Hu, Chief Executive Officer of CBAK Energy
“Battery pack manufacturers need both suitable cells and a dependable supplier as their applications evolve.”
Zhiguang Hu, Chief Executive Officer of CBAK Energy
“We intend to build on this experience to develop our product range and win more business in warehouse, logistics and manufacturing automation.”
DALIAN, China, Nov. 03, 2026 (GLOBE NEWSWIRE) -- CBAK Energy Technology Limited (NASDAQ: CBAT) (“CBAK Energy” or the “Company”), a China-based lithium-ion battery manufacturer and energy solutions provider, today reported that a battery pack manufacturer serving the automated guided vehicle (“AGV”) market has placed orders totaling approximately US$8.22 million, including applicable taxes, since their commercial relationship began in 2022. Initial battery cell evaluations took place in 2021. The customer purchases CBAK Energy’s 26650 PFS2 and 32140 FS full-tab cylindrical lithium iron phosphate (“LFP”) cells for AGV battery packs. AGVs are mobile robots that transport materials in warehouses and manufacturing facilities.
AGVs often operate across extended shifts with frequent starts, stops and changing loads. These conditions require consistent power delivery, while short charging windows make fast recharging important for reducing downtime. Limited battery space also places demands on pack design and thermal management. Battery pack manufacturers must balance power, charging speed, cycle life and space requirements for each application.
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