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EVE Energy
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EVE Energy
EVE Energy Co., Ltd. (Mandarin: 亿纬动力; pinyin: yìwěi dònglì) is a Chinese battery manufacturing company founded in 2001 that specializes in the manufacturing of lithium-ion batteries for energy storage systems and electric vehicles. Its headquarters are located in Huizhou, Guangdong, and it was first listed on the Shenzhen Stock Exchange's ChiNext subsidiary in 2009. It is considered to be a Tier-1 battery supplier, and is the third largest energy storage battery cell maker in the world as of 2023. According to a study done by SNE Research in 2024, Eve Energy was the 9th largest electric vehicle battery maker worldwide with 2.3% market share, which it maintained from 2023.
Eve Energy has regional subsidiaries in Singapore and Germany.
On June 10, 2021, Eve Energy announced that was expanding two of its battery plants by 92.5GWh. Its facility in Jingzhou, Hubei which makes cylindrical format LFP batteries for small device applications such as power tools, would be expanded by 82.5 GWh from 23 GWh, for a total of 105.5 GWh annual capacity. It also announced that it was investing CN¥ 3 billion (US$470 million) into building a 10GWh battery plant located in Qidong, Jiangsu which will be completed within three years. The facility will be built in collaboration with energy meter producer Jiangsu Linyang Energy, and Eve Energy will hold a 65 percent stake in the factory.
On September 27, 2022, Eve Energy announced that it invested CN¥ 800 million (US$111 million) to acquire stakes in two battery material supply companies. It now holds a 20 percent stake Shandong Ruifu Lithium Industry, a lithium carbonate and lithium hydrate producer. It also has a 40 percent stake in BTR Sichuan New Material Technology, a subsidiary of BTR New Material Group. BTR will construct an anode material plant in Yibin, Sichuan with an annual capacity of 10 kilotons in collaboration with Eve Energy, which will finish in the first half of 2024.
In September 2022, Eve Energy announced it will invest CN¥ 10 billion to build a new battery plant in the automobile manufacturing hub of Shenyang, Liaoning. The first phase will cost CN¥ 5 billion and have an annual capacity of 20 GWh and will produce batteries for both energy storage and power supply applications.
On January 18, 2023, Eve Energy announced it would invest CN¥ 15.5 billion (US$2.3 billion) to build two new Chinese lithium battery factories in Jianyang, Sichuan and Qujing, Yunnan, with a combined annual capacity of 43 GWh. The Jianyang facility will have an annual capacity of 20 GWh and will receive CN¥ 10 billion (US$1.5 billion) of investment. It will take two years to build, but the construction start date will vary based on market conditions.
On January 29, 2024, Eve Energy formally launched global operations by announcing the completion of seven regional headquarters. The regional offices are for Beijing, South China, Central China, Southwest China, Northeast China, Asia-Pacific and Southeast Asia. In addition, regional headquarters for Northwest China, the Americas, and Oceania are expected to open later in the year, while an office in Taipei, Taiwan has already opened.
On September 13, 2024, Eve Energy's American subsidiary EVE ENERGY US Holding LLC launched its US regional headquarters in California.
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EVE Energy
EVE Energy Co., Ltd. (Mandarin: 亿纬动力; pinyin: yìwěi dònglì) is a Chinese battery manufacturing company founded in 2001 that specializes in the manufacturing of lithium-ion batteries for energy storage systems and electric vehicles. Its headquarters are located in Huizhou, Guangdong, and it was first listed on the Shenzhen Stock Exchange's ChiNext subsidiary in 2009. It is considered to be a Tier-1 battery supplier, and is the third largest energy storage battery cell maker in the world as of 2023. According to a study done by SNE Research in 2024, Eve Energy was the 9th largest electric vehicle battery maker worldwide with 2.3% market share, which it maintained from 2023.
Eve Energy has regional subsidiaries in Singapore and Germany.
On June 10, 2021, Eve Energy announced that was expanding two of its battery plants by 92.5GWh. Its facility in Jingzhou, Hubei which makes cylindrical format LFP batteries for small device applications such as power tools, would be expanded by 82.5 GWh from 23 GWh, for a total of 105.5 GWh annual capacity. It also announced that it was investing CN¥ 3 billion (US$470 million) into building a 10GWh battery plant located in Qidong, Jiangsu which will be completed within three years. The facility will be built in collaboration with energy meter producer Jiangsu Linyang Energy, and Eve Energy will hold a 65 percent stake in the factory.
On September 27, 2022, Eve Energy announced that it invested CN¥ 800 million (US$111 million) to acquire stakes in two battery material supply companies. It now holds a 20 percent stake Shandong Ruifu Lithium Industry, a lithium carbonate and lithium hydrate producer. It also has a 40 percent stake in BTR Sichuan New Material Technology, a subsidiary of BTR New Material Group. BTR will construct an anode material plant in Yibin, Sichuan with an annual capacity of 10 kilotons in collaboration with Eve Energy, which will finish in the first half of 2024.
In September 2022, Eve Energy announced it will invest CN¥ 10 billion to build a new battery plant in the automobile manufacturing hub of Shenyang, Liaoning. The first phase will cost CN¥ 5 billion and have an annual capacity of 20 GWh and will produce batteries for both energy storage and power supply applications.
On January 18, 2023, Eve Energy announced it would invest CN¥ 15.5 billion (US$2.3 billion) to build two new Chinese lithium battery factories in Jianyang, Sichuan and Qujing, Yunnan, with a combined annual capacity of 43 GWh. The Jianyang facility will have an annual capacity of 20 GWh and will receive CN¥ 10 billion (US$1.5 billion) of investment. It will take two years to build, but the construction start date will vary based on market conditions.
On January 29, 2024, Eve Energy formally launched global operations by announcing the completion of seven regional headquarters. The regional offices are for Beijing, South China, Central China, Southwest China, Northeast China, Asia-Pacific and Southeast Asia. In addition, regional headquarters for Northwest China, the Americas, and Oceania are expected to open later in the year, while an office in Taipei, Taiwan has already opened.
On September 13, 2024, Eve Energy's American subsidiary EVE ENERGY US Holding LLC launched its US regional headquarters in California.