Brian Lantier

- CBAK Energy's subsidiary, Dalian CBAK, has completed a product portfolio upgrade and launched a new production line for its **Model 40135 battery**, which offers a larger size and higher capacity compared to its previous flagship product.  **[1117171_e8e0227da10542c7b24898c62dea75fc_0]** 
- The new production line has an initial daily capacity of approximately **20,000 cells** and has already delivered around **500,000 cells**, generating approximately **US$2 million in revenue** within its first month of operation.  **[1117171_e8e0227da10542c7b24898c62dea75fc_0]** 
- Dalian CBAK has received orders for approximately **1.2 million cells** pending delivery, representing an estimated **US$5 million in revenue**, with production expected to ramp up to about **100,000 cells per day by the end of 2025**.  **[1117171_e8e0227da10542c7b24898c62dea75fc_0]** 
- The transition to the new Model 40135 has temporarily impacted sales performance as major customers are currently testing, validating, and migrating to the new product.  **[1117171_e8e0227da10542c7b24898c62dea75fc_0]**

CBAK Energy Technology (CBAT)