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GlobeNewswire Inc.GlobeNewswire Inc.··Cbak Energy Technology, Inc.

CBAK Energy Posts 99% Revenue Surge on EV Boom, but Margins Crumble Under Cost Pressure

CBAK Energy reports explosive 99.3% Q1 2026 revenue growth to $69.62M, but gross margins collapse to 1.5% amid production ramp-up costs and material inflation.
CBATelectric vehicleslithium-ion batteries