MBAK Energy Solutions Expands Global Reach with $290k Monthly Deliveries
SEOUL, South Korea and SHENZHEN, China and CHENNAI, India and WILMINGTON, N.C., March 18, 2026 — MBAK Energy Solutions, Inc. (OTC:MBAK) has initiated significant international deliveries to customers across three continents, with the total value of goods delivered surpassing $290,000 for the month of March. The company anticipates increasing monthly delivery volumes to fulfill a substantial $65 million order from India and meet the demands of other global clients.
Initial Shipments to Key Markets
The company has commenced shipments with an initial delivery of 550 e-bicycles to a French customer, marking the beginning of what is expected to be an ongoing order fulfillment process. Additionally, MBAK has shipped Battery Energy Storage System (BESS) units to Zambia to address a 60 MwH requirement for a renewable power project in the Copper Belt region. In India, the company has started shipping the first 10 MwH of BESS units as part of a larger 100 MwH order for a power customer.
Strategic Growth and Market Presence
These deliveries follow MBAK's successful participation in the 2026 Asia Battery Show in Hong Kong, where the company previewed several new industrial and consumer product additions to its lineup. This expansion underscores MBAK's commitment to enhancing its global footprint and capitalizing on growing demand for energy solutions and sustainable transportation.
Forward-Looking Statements and Risks
The company notes that this news release contains forward-looking statements under the Securities Litigation Reform Act, reflecting current views on future events that involve risks and uncertainties. These risks include potential challenges in achieving significant sales, meeting contract schedules or performance requirements, liquidity positions, obtaining new contracts, competition from financially stronger entities, and competitive pricing pressures. The forward-looking events mentioned may not occur due to these uncertainties or other contingencies.
For further information, contact info@mbakcorp.com or press@mbakcorp.com, or visit the company's website at www.mbakcorp.com.
