Tag: batteries

Bet on Improved Lithium Batteries with CBAK Energy Technology Stock

Here is a piece of trivia that even lithium aficionados might not know. In January of 2005, CBAK Energy Technology (NASDAQ:CBAT) became the first Chinese lithium battery company to get listed in the United States. Of course, you can still trade CBAT stock today. Importantly, it has even made some big moves in 2020.

A magnifying glass zooms in on the website for CBAK Energy Technology (CBAT)

Source: Pavel Kapysh / Shutterstock.com

As its corporate profile notes, CBAK Energy Technology broadly engages in the sale of high-power lithium batteries for electric and hybrid vehicles, as well as for electric tools and energy storage.

Clearly CBAK has been, and still is, an

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Musk says Tesla is open to supplying batteries and technology to competitors

In response to reports that German automakers are working feverishly to catch up to Tesla in the electric vehicle segment, Elon Musk tweeted that the U.S.-based EV maker that he helms is willing to help them close the gap. The Tesla CEO tweeted that the company is open to licensing software, supplying powertrains and batteries, and even sharing access to closely-held technologies like Autopilot.

This wouldn’t be the first time that Tesla

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