CBAK Energy Signs Agreement with AZAPA for Developing Customized Battery Pack
CBAK Energy Technology, Inc. announced that its wholly-owned subsidiary CBAK New Energy Co., Ltd. has entered into an agreement with AZAPA R&D China to develop a customized battery pack for the Sino-Japan joint venture that designs and produces electronic control systems and battery and control systems for electric vehicles.
December 22, 2021. By News Bureau
Pursuant to the agreement, this battery pack will initially be used for testing low-speed electric vehicles produced by Daihatsu Motor Co., a subsidiary of Toyota Motor Corporation, while CBAK Nanjing will cooperate with AZAPA to jointly explore international markets. CBAK will deliver three sample battery pack sets to AZAPA by February 2022.
Mr. Yunfei Li, Chief Executive Officer of CBAK Energy commented, "We are very delighted to have partnered with AZAPA. The designation of developing the battery pack demonstrates new recognition and trust from the industry in our cutting-edge technology capabilities and empowers us to broaden product offerings for electric vehicles."
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