$Cbak Energy Technology Inc Soon, EV battery will be in shortages in China and all over the world. Chinese EV Companies and Legacy automakers will try to buyout $CBAT, Tabless Lithium Ion Battery company. Then, CBAT’s stock price will be dreadfully increased by the explosive merger competition or supply bottleneck. From current $3~4 of CBAT’s stock price, the target stock price will go up about $12~14 (around Jan, Feb 2021). If you are $Nio Inc. $Xpeng Inc $Li Auto Inc. stock holder, check that out for another great growth. This is a speculative move and risky but the rewards could be enormous. I expect CBAT’s 1 year target price around $30~40. Still, I will keep my NIO position for next several years.

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