MBAK is broadening its existing activities to include a holistic approach to the battery business under its recently chosen moniker. This covers the complete manufacturing process as well as the vital supply chain required for effective production and distribution, in addition to the design and development of batteries themselves. Additionally, the focus of MBAK encompasses the wider domain of energy storage technology and its various applications. When prospective clients came to the MBAK Energy Solutions stand to look for BESS and ESS solutions, this was clearly visible. MBAK is positioned for substantial development in the quickly changing energy industry thanks to its strategic diversification.
“MBAK Energy Solutions Inc.’s formation is a strategic repositioning for substantial growth, driven by a robust order pipeline and proven success in meeting global demand for sustainable energy solutions. We hope to be able to announce shortly a major breakthrough in a BESS contract,” stated Chairman Michelle Boos.
From July 15 to July 17, MBAK displayed its cutting-edge products at The Battery Show Asia in Hong Kong.An important industry gathering, the Battery Show Asia gives businesses a stage on which to showcase their most recent developments in battery technology and associated goods. By attending this event, MBAK demonstrated their focus to the Asian market and to demonstrating their technological prowess to prospective partners and clients. A visualization of a home off-grid system using an ESS unit and MBAK batteries was available to visitors at booth 5D20.
As part of their product diversification, management also announced a trial shipment of 2000 power banks to the USA, which will be sold in physical and online retailers in the US.
MBAK is involved in the creation, production, and marketing of items that don’t use fossil fuels. MBAK specializes on solid state, lithium, and sodium batteries as well as supply chain and manufacturing equipment for batteries.