CBAK Energy Technology's core battery business continues to perform admirably in the face of a broader industry downturn. There are several positive catalysts on the horizon for CBAK which are partially offset by the current industry challenges and the continued weakness of the HiTrans raw material business. Both of the company's battery facilities are now operating profitably and the company is poised to materially increase capacity in 2025. Patient investors with longer time horizons could be rewarded as CBAK enters its next significant growth phase in 2025-26.
