CBAK Energy Technology, Inc. (NASDAQ: CBAT), a leading lithium-ion battery manufacturer based in Dalian, China, has announced its unaudited financial results for the fourth quarter and full year ended December 31, 2025. The company reported a remarkable 131.8% year-over-year increase in consolidated net revenues, reaching $58.80 million compared to $25.37 million in the same quarter of the previous year. This surge in revenue is attributed to significant growth in the Light Electric Vehicles (LEV) segment, which saw a staggering 524.1% increase, generating $12.92 million in Q4 2025, up from $2.07 million in Q4 2024. Additionally, revenues from the Battery Raw Materials segment (Hitrans) skyrocketed by 944.1%, totaling $27.98 million, reflecting a robust recovery in raw material pricing. For the full year, CBAK Energy achieved consolidated net revenues of $195.19 million, an 11% increase from $176.61 million in 2024. The company’s strategic capacity expansion and product portfolio upgrades have positioned it well for future growth, despite facing temporary bottom-line pressures due to ongoing capacity transitions. Management expressed confidence in the company’s trajectory, anticipating a significant resurgence in both revenue and profitability as customer transitions to new battery models complete in the coming years. The company’s proactive measures, including establishing a manufacturing subsidiary in Malaysia, aim to insulate its operations from domestic tariff dynamics, further enhancing its competitive edge in the global market.
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