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CBAK Energy Technology, Inc. (CBAT)
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Keep in mind we will see $40 per share of $CBAT in the next couple of months.
KNDI will go up to $40~50 level with the enhanced battery mileage.
CBAT’s Tabless Battery will benefit Kandi’s battery swapping services (China Battery Exchange Technology ) and Kandi itself. For example, K23 with 41.4 kWh at 111 miles (179 km) will be upgraded to 60~70kWh 166 miles(267km) or even further. Then, Kandi will have the comparative advantage over the other EVs with less cost, decent mileage. The swapping service will get less cost of CBAT’s Tabless battery with better energy density, and higher capacity. If you are the EV investors buy CBAT & KNDI ASAP, you need to buy $CBAT, KNDI as of early next week. Moreover, CBAT will provide not just Kandi but also Geely Auto, Dongfeng auto(2nd largest Chinese Auto), Yema auto, Haier Electronics(one of the biggest Chinese Electronics) $NIO, $KNDI, $LI, $XPEV, $SOLO, $FTEK,
I own 700 shares at 7.47 been waiting for this to go up and it did but I think 13$ will be the price next week🤓
Hey there. I've been following posts by JW WOLF and several others (sarbjot, Dave, etc...). I have to say that this chat is one of the more intelligent and well thought out forums i've come across lately. I value the forward thinking positive input you guys provide and watch what you're looking at. Thanks for the ray of sun in an often negative atmosphere. I've been working overseas for years and finally returned home to start investing my hard earned money to help pay for my kids college. I'm in with NIO (1000), FINV (2000), CBAT (700), BABA (100), JD, APPS, JMIA (200), and a few others. Would love to hear what you think. Thanks again guys.
$40 till February
Exciting times to be in EV. CBAT and KNDI are going to be huge in China!
This is old one, just look over if you haven’t seen that. Kandi Vehicles will buy approximately $120 million worth of battery pack system and customized battery manufacturing service in 2021. In addition, the rest of EV players will try to buy CBAT’s Tabless battery as many as possible due to the limited supply.
-- Time Line
1. CEO Yunfei Li acquired 2 million CBAT shares in 3rd June 2020 (CBAT might have developed its “Tabless battery” prior to June.)
2. Planned Investment in "certain" Battery Project (Tabless battery project) in Jiangsu Province, China 29th June 2020
3. CBAK Battery Won the Bidding for Haier Electronics 15th Sep 2020
4. 32140 large-sized cylindrical tabless battery has officially passed its technical and “Pilot Plant tests” 28th Sep 2020
5. 3Q Earnings Report 17th Nov 2020
6. CBAK Energy (CBAT) & Kandi (KNDI) Sign Supply Framework 28th November 2020
7. Up and running the new Tabless Battery production line in the first half of 2021
Investors!! We got the news regarding CBAT & KNDI Battery Contract. We could see CBAT’s Stock price from $8 to $40 per share in the next year.
I am finally sure that $CBAT will deliver the tabless battery successfully in 2021. Judging by Chinese regulatory rule, they will adopt “replaceable battery pack” the same as those used by NIO. KNDI’s vehicle mileage will improve further along. The 32140 Tabless battery could benefit potentially many EV manufacturers as well as KNDI because capacity of 8GWh could cover more than 160,000 vehicles. Then, CBAT will be the world 4th Battery Maker. 8GWh Factory capacity will provide more than enough batteries for KNDI.
$NIO, $XPEV, $LI $KNDI investors you better come and buy some CBAT as soon as possible. I sold once due to the lack of Public Relations (PR), but I came back to the position as of today.
$SOLO, $BLNK, $FTEK
CBAK Energy and Kandi Group Signed Supply Framework Agreement
Fri, November 27, 2020, 9:25 AM EST
CBAT THE BEST COMPANY INTERNATIONAL BATTERY EV WITH KANDI NIO XPENG LI AUTO SO STOCK BE UP $60 -150 SHARE FROM NOW 2021 THINK ABOUT IT CHINA POPULATION 1.4 PEOPLE BE HAPPY SIT DOWN INVESTING BUY AND HOLD TIE STOCK MAKE MONEY LONGTERM SHORTTERM SHORT SALE D"ONT WORRY CBAT THE BEST COMPANY SUCCESSFUL $250 SHARE BELIEVE OR NOT YESH
With some of the vaccine ready to be delivered in so may remote places, chances that long lasting battery needed to power up cooler/fridge for transportation. CBAT would be in the right time and place. GLTA
shortz will get toasted again come Monday. As I said they will never learn.
CBAK Energy Technology (NASDAQ:CBAT) signed supply framework agreement with Zhejiang Kandi Vehicles, a wholly owned subsidiary of Kandi Technologies (NASDAQ:KNDI) in Hangzhou, Zhejiang province.
The companies will promote the development of pure electric vehicles together and long-term strategic cooperation partnership would be built for the development, supply, and recycling of power batteries.
Pursuant to the agreement, KNDI is planning to purchase RMB800M (about $120M) worth of battery pack system and customized battery manufacturing service in 2021.
I am one of the longs who beloved in this stock in this game from 2 dollars. This company will make huge profit in coming days
Wow, excellent news!! This validates the beginning of a new future of CBAT:
Meanwhile, by enhancing the manufacturing procedure, the difficulty in electrolyte soaking and loss of space in the battery's case caused by tab-less design has been solved. The application of our product is very competitive in the market which includes passenger vehicle and energy storage etc.
Saved by grace
Blessings. Trust in JESUS for eternal life. ❤️
You can tell that people generally are not selling their shares. Great sign! And why would you after they posted their first profitable quarter on rising sales!
Picking up some Cbat today
Long term? What u guys think?
Lots of talk about earnings. Am I missing something? I see that 3Q earnings already posted. Revenue of $10.62M w/a profit of $44,250. First quarterly profit, all past quarters show a loss. Is this for some other quarter?
Summary of S3 Statement from last week “We may offer, issue and sell from time to time our shares of Common Stocks, debt securities, warrants, or units up to $200 M”. CBAT will do dilutions “from time to time” as Mixed shelf offering or Shelf offering which is not all at once and helps the company as it has the freedom to change the timing of the issue including the price, to take the advantages of market conditions which may arise in future. The dilutions will lead stock price pullbacks, but the move could benefit both CBAT and Investors in the end, if it leads to the rollout tabless battery, “certain Battery Projects that aim to have a production capacity of approximately 8Gwh (assuming Tabless battery project) in Jiangsu Province, China” Even though this news has been published already on 29th June 2020, it could be a hint for possible Tabless rollout because CBAT incorporated this old battery project “news” into the “official S3 prospectus”, even if there is no substantial “word” about the “tabless battery on this last week S3” statement. However, there could be an ongoing confidentiality statement between CBAT and its partners regarding Tabless Battery for the “surprise”. I don’t know how it plays out now. Time will tell whether the Tabless battery will come true or not.
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