CBAK Energy posts 36.5% revenue increase in Q3 driven by Hitrans
Driven by the recovery in the raw materials market, CBAK Energy posted a sharp rise in revenue in the third quarter, while its battery business enters a complex industrial transition.
| Countries | Chine |
|---|---|
| Sector | Stockage énergie, Mobilité |
| Theme | Marchés & Finance, Résultat |
Chinese lithium-ion battery manufacturer CBAK Energy Technology, Inc. reported a significant increase in revenue for the third quarter of 2025, reaching $60.92mn, a 36.5% increase compared to the same period in 2024. This performance was primarily driven by the strong contribution of its raw materials subsidiary, Hitrans, whose revenue surged by 143.7% to $27.22mn.
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