Chinese battery company CBAK Energy secures a $96 million quarterly battery order from India and is testing AI data center backup power batteries.
CBAK Energy (Nasdaq: CBAT) announced a $96 million quarterly battery order from an Indian two- and three-wheeler manufacturer for its 26-series batteries, which is expected to improve capacity utilization and reduce unit costs. Additionally, the company is testing its 26650 lithium iron phosphate batteries for AI data center backup power applications, currently undergoing module-level testing with several tier-one customers and seeking certifications in the US and Europe, though management stated no definitive supply agreements or purchase orders have been signed with AI data center operators. The company's 32140 battery shipments for the first seven months of 2026 increased by 101% year-over-year to 32 million units.
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