Chinese group CBAK Energy Technology Inc., a lithium-ion battery specialist, announced it had received a follow-up order worth $3mn from Indian energy storage company Livguard. This latest purchase brings the total value of orders from Livguard to $7.9mn since the partnership began.
The collaboration between the two firms is centred around the supply of Model 32140 cylindrical lithium-ion batteries, which are used in various energy applications. CBAK Energy stated that the batteries are valued for their performance and reliability in demanding environments, including household inverters and off-grid solar systems.
Strategic partnership in a growing market
Livguard, founded in India and backed by the SAR Group conglomerate, operates across a broad ecosystem of energy products including batteries, solar systems and automotive solutions. The company has an extensive nationwide sales and service network, serving millions of customers.
India’s energy storage sector is experiencing sustained growth, driven by rising demand for resilient energy sources and more flexible power infrastructure. In this context, partnering with CBAK Energy gives Livguard access to battery technology developed for the Chinese market.
Strengthening regional positioning
This order follows a previous announcement by CBAK Energy regarding its collaboration with Ather Energy, one of India’s top five manufacturers of two- and three-wheeled vehicles. According to the company, this series of agreements reflects its aim to grow market share in South Asia by diversifying both distribution channels and application sectors.
Zhiguang Hu, Chief Executive Officer of CBAK Energy, said this new order represents “clear validation of the quality and reliability of our battery technology”. He also noted that the company plans to deepen its strategic cooperation with Livguard through future projects.
