EVE Energy
 | |
| EVE Energy | |
Native name | 亿纬动力 |
| SZSE: 300014 | |
| Industry | Electric batteries |
| Founded | 2001 |
| Founder | Liu Jincheng |
| Headquarters | Huizhou, Guangdong, China |
| Website | evepower |
EVE Energy Co., Ltd. (亿纬动力) 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.[1] According to a study done by SNE Research in 2023, Eve Energy was the 9th largest electric vehicle battery maker worldwide with 2.3% market share; in a mid-2024 study, market share rose to 2.6%.[2][3]
Overview
[edit]Eve Energy has Singaporean and German regional subsidiaries.[4]
In July 2024 Eve Energy announced that it will invest CN¥ 3.3 billion (US$454 million) to build a new factory in Malaysia. It will be located in the Kulim District in Kedah, and is expected to be finished by 2027.[5]
On September 13, 2024, Eve Energy's American subsidiary EVE ENERGY US Holding LLC launched its US regional headquarters in California.
Facilities
[edit]- Hubei, China
- Debrecen, Hungary
- Kulim District, Kedah, Malaysia
Partnerships
[edit]Amplify Cell Technologies
[edit]On September 6, 2023, Eve Energy announced that it would establish an American joint venture to serve the North American electric commercial vehicle market. In June 2024 Amplify Cell Technologies (ACT), a joint venture between Eve Energy (10% equity), Accelera, Daimler Trucks & Buses, and Paccar (30% equity each), broke ground on a new battery manufacturing facility located in Marshall County, Mississippi. It will produce square LFP batteries intended for use in North American commercial vehicles produced by the joint venture partners, with an annual production capacity of 21 GWh and production expected to begin in 2026. ACT will use licenses and pay royalties as needed from Eve Power to manufacture and use its products and technologies.[6][7]
Powin
[edit]In 2021 Powin, a battery energy storage system manufacturer based in Oregon, USA, signed a two-year agreement with Eve Energy for the supply of LFP batteries for use in up to 500 MWh of products.[8] On June 15, 2023, Powin made a multi-year agreement for the supply of 10 GWh of LFP battery cells with Eve Energy, for use in New South Wales' Waratah battery storage system project. On June 19, 2024, Powin signed a multi-year agreement for the supply of 15 GWh of 280 Ah and 306 Ah LFP battery cells with Eve Energy.[9]
ABB
[edit]On September 11, 2024 ABB signed an MoU with Eve Energy to assist in the creation of lithium battery factories.[10]
Greenfuel Energy Solutions
[edit]In February 2024 Greenfuel Energy Solutions, an Indian manufacturer of energy storage systems, announced a partnership with Eve Energy.[11]
References
[edit]- ^ "Eve Energy Unit Lands Big Energy Cells Order From American Energy Storage". www.yicaiglobal.com. Retrieved 2024-11-03.
- ^ Kang, Lei (2023-09-05). "Global EV battery market share in Jan-Jul: CATL 36.6%, BYD 16.0%". CnEVPost. Retrieved 2024-11-03.
- ^ Kang, Lei (2024-10-08). "Global EV battery market share in Jan-Aug 2024: CATL 37.1%, BYD 16.4%". CnEVPost. Retrieved 2024-11-03.
- ^ "EVE Energy placed second in 1Q 24 energy storage cell shipment rankings". Energy-Storage.News. 2024-07-03. Retrieved 2024-11-03.
- ^ "Chinese Battery Giant Eve Energy to Spend USD454 Million on New Malaysia Plant". www.yicaiglobal.com. Retrieved 2024-11-03.
- ^ Kang, Lei (2024-07-02). "Eve Energy's US JV breaks ground on battery plant in Mississippi". CnEVPost. Retrieved 2024-11-03.
- ^ Kang, Lei (2023-09-07). "Eve Energy to establish US JV to supply batteries to commercial vehicle partners". CnEVPost. Retrieved 2024-11-03.
- ^ Colthorpe, Andy (2021-08-16). "Powin in multi-gigawatt LFP supply deal with EVE, hopes to see more US-made cells in market". Energy-Storage.News. Retrieved 2024-11-03.
- ^ Colthorpe, Andy (2024-06-21). "Powin signs 15GWh master supply agreement with Eve Energy at ees Europe". Energy-Storage.News. Retrieved 2024-11-03.
- ^ "ABB Signs MoU with EVE Energy Co. in Support of Sustainable Greenfield Battery Manufacturing Sites". automation.com. Retrieved 2024-11-03.
- ^ "Greenfuel Energy Forms Strategic Partnership With EVE Energy". Mobility Outlook. Retrieved 2024-11-03.
