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A Chinese lithium-battery manufacturer serving consumer electronics, electric vehicles, commercial transport, and stationary energy storage.

Last updated November 4, 2026

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Overview

EVE Energy Co., Ltd., commonly known as EVE Energy, is a Chinese battery manufacturer founded in 2001 by Liu Jincheng and headquartered in Huizhou, Guangdong. The company develops and manufactures primary lithium batteries, rechargeable lithium-ion cells, battery packs, and related energy-storage products. Its business spans consumer batteries, power-tool cells, electric-vehicle batteries, commercial-vehicle applications, and grid and utility-scale energy-storage systems. The company became publicly listed on the Shenzhen Stock Exchange's ChiNext market in 2009. Over time, it expanded from consumer and specialty lithium batteries into large-format rechargeable cells for mobility and stationary storage. Its portfolio includes cylindrical, prismatic, and pouch formats, using chemistries such as lithium iron phosphate and nickel-manganese-cobalt materials. EVE supplies cells and battery-related products to customers and partners in China and overseas and is generally described as a Tier-1 battery supplier. A major phase of expansion began around 2018–2021, when EVE pursued automotive supply contracts, manufacturing joint ventures, and large capacity additions in China. Its Jingmen operations in Hubei became a central production base, with successive plans covering cylindrical and prismatic cells for power tools, vehicles, and energy storage. The company also announced or developed facilities and projects in Huizhou, Chengdu, Qujing, Shenyang, Jianyang, Qidong, and other Chinese locations. EVE has increasingly internationalized its manufacturing and commercial organization. It established regional operations in Singapore and Germany, announced a Malaysian plant for cylindrical cells, and planned a Debrecen, Hungary, factory intended to supply BMW's next-generation vehicles. In North America, it participated in Amplify Cell Technologies, a joint venture involving Accelera, Daimler Trucks & Buses, and Paccar to manufacture lithium-iron-phosphate cells for commercial vehicles in Mississippi. In 2024 the company announced regional headquarters covering China and several international regions, and its United States subsidiary launched a regional headquarters in California. The company also works across the battery value chain. Announced partnerships and investments have involved separator films, cathode and anode materials, lithium compounds, battery-management systems, battery modules, and complete energy-storage systems. Customers and commercial partners mentioned in public materials include Daimler, Powin, American Battery Solutions, ABB, Tesla, and other industrial and automotive companies. In 2025 EVE announced plans to seek a Hong Kong listing through an H-share issuance, subject to the applicable process and approvals. EVE's strategic positioning is based on a combination of battery-chemistry development, high-volume manufacturing, multiple cell formats, and international capacity. Public market studies cited by the company's reference materials have placed it among the world's significant energy-storage and electric-vehicle battery suppliers, although rankings and market shares vary by year, product category, and research provider.

History

EVE Energy was established in 2001 by Liu Jincheng in Huizhou, Guangdong. Its early business centered on lithium batteries for consumer and specialty applications. The company later broadened its technology base and product range to include rechargeable lithium-ion batteries, supporting applications such as power tools, consumer devices, electric vehicles, and energy storage. A key corporate milestone came in 2009, when EVE was listed on the Shenzhen Stock Exchange's ChiNext market. Publicly traded status supported investment in research, production infrastructure, and the transition toward larger rechargeable cells. During the late 2010s, the company began pursuing deeper involvement in automotive batteries. In 2018 it won a contract to supply traction batteries to Daimler over a ten-year period. In 2019 EVE announced a proposed 50:50 joint venture with SK Innovation for pouch-format automotive cells; in 2020 SK Innovation assumed loans associated with EVE United Energy in exchange for a stake in that subsidiary. From 2021 onward, EVE announced a succession of large manufacturing and research projects. In Huizhou it planned new prismatic lithium-iron-phosphate production and battery-management-system facilities. In Jingmen, Hubei, it disclosed phased expansions covering cylindrical LFP, prismatic NMC, and other cells for power tools, vehicles, and energy storage. Additional Jingmen projects involved separator-film production with Yunnan Energy New Material. EVE also announced a Chengdu research and manufacturing complex, a Qujing project for cylindrical LFP cells, and plans for facilities in Shenyang, Qidong, Jianyang, and other Chinese locations. The company pursued vertical and strategic integration during this period. Announced transactions and joint ventures involved lithium-carbonate and lithium-hydroxide producer Shandong Ruifu Lithium Industry, BTR Sichuan New Material Technology, cathode-material production with Hunan Zhongke Electric, and separator-film supply. These moves reflected the importance of securing materials and processing capacity as the electric-vehicle and energy-storage markets expanded. EVE also developed a substantial partner network. Powin agreed to purchase LFP cells for energy-storage systems, later expanding its agreements for projects including the Waratah battery-storage system in New South Wales. American Battery Solutions signed a purchase agreement for prismatic LFP cells. EVE signed or announced cooperation with ABB, Energy Absolute, Aksa Power Generation, and other industrial companies. In 2023 it joined Accelera, Daimler Trucks & Buses, and Paccar in establishing Amplify Cell Technologies, which planned a Mississippi plant for LFP cells used in North American commercial vehicles. International manufacturing became a more explicit objective in the 2020s. EVE announced a Malaysian facility in Kedah for 21700 cylindrical NMC cells used in power tools, two-wheeled vehicles, and cleaning devices. The plant produced its first cells in February 2025 and was described as the company's first operational battery plant outside China. EVE also announced a large Debrecen, Hungary, project intended to supply BMW's Neue Klasse vehicles with large cylindrical NMC cells and cell-to-pack systems. The company expanded regional commercial operations in Asia, Europe, and North America, including a US regional headquarters in California. In late 2024 EVE announced a supply agreement with an American customer, subsequently identified in public reporting as Tesla, for cells made by its Malaysian operation for energy-storage systems, with deliveries expected to begin in 2026. In June 2025 the company announced plans to pursue an H-share listing in Hong Kong. EVE's development therefore reflects a progression from a Chinese consumer-battery producer to a diversified, internationally expanding supplier of mobility and stationary-storage cells.

  • 2025

    First Malaysian production cells

    [1]

    The Malaysian facility produced its first battery cells, marking EVE's first operational battery plant outside China.

  • 2025

    Hong Kong listing proposal

    [1]

    EVE announced a plan to seek a Hong Kong Stock Exchange H-share listing.

  • 2024

    Global regional organization launched

    [1]

    EVE announced the completion of several regional headquarters and continued international expansion.

  • 2023

    Amplify Cell Technologies established

    [1]

    EVE joined partners in an American venture intended to manufacture LFP cells for commercial vehicles.

  • 2021

    Large-scale Jingmen expansion

    [1]

    EVE announced successive expansion plans for its Jingmen battery facilities and additional Chinese capacity.

  • 2019

    SK Innovation joint-venture plan

    [1]

    EVE announced a proposed 50:50 venture with SK Innovation for pouch-format automotive cells.

  • 2018

    Daimler supply contract

    [1]

    EVE won a contract to provide Daimler with automotive traction batteries over ten years.

  • 2009

    ChiNext listing

    [1]

    EVE became publicly listed on the Shenzhen Stock Exchange's ChiNext market.

  • 2001

    Company founded

    [1]

    Liu Jincheng founded EVE Energy in Huizhou, Guangdong, China.

Products and positioning

A technology-focused, high-volume lithium-battery supplier serving consumer, mobility, commercial-vehicle, and stationary-storage markets.

  • Consumer and specialty batteries

    Primary lithium batteries

    Non-rechargeable lithium batteries for applications requiring long shelf life, compact dimensions, and dependable energy delivery. These products formed part of EVE's earlier business and remain distinct from its rechargeable automotive and storage-cell activities.

  • Rechargeable battery cells

    Cylindrical lithium-ion cells

    Cylindrical cells used in power tools, cleaning devices, two-wheeled vehicles, electric vehicles, and other equipment. EVE produces cylindrical formats using chemistries including LFP and NMC, with production planned or operating in China and Malaysia.

  • Electric-vehicle and energy-storage cells

    Prismatic LFP cells

    Large-format lithium-iron-phosphate cells designed for vehicle, commercial-vehicle, and stationary-storage applications. EVE's announced projects include prismatic LFP production in China and the Amplify Cell Technologies program in the United States.

  • Automotive batteries

    Pouch-format automotive cells

    Flexible-format rechargeable cells intended for automotive traction systems. EVE pursued pouch-cell manufacturing through its proposed and subsequent relationship with SK Innovation and has also supplied automotive customers through broader battery programs.

  • Electric-vehicle batteries

    Large-format NMC cells and packs

    High-energy nickel-manganese-cobalt cells and cell-to-pack systems for passenger vehicles. The planned Debrecen facility is associated with 46 mm cylindrical NMC cells for BMW's Neue Klasse vehicle program.

  • Stationary energy storage

    Energy-storage battery systems

    LFP cell, module, and battery offerings for grid, utility, commercial, and residential energy storage. EVE supplies cells to system integrators and storage developers, including Powin and American Battery Solutions, for projects in multiple markets.

Controversies

  • 2026

    EVE Energy Named in U.S. Section 337 Probe of Cylindrical Battery Patents

    The U.S. International Trade Commission launched a Section 337 investigation into cylindrical batteries, components and products containing such components following complaints including by LG Energy Solution, with EVE Energy-related entities listed as respondents. The initiation itself made no substantive finding on whether the infringement allegations are established. Progress: the U.S. ITC has initiated the investigation; the notice made no infringement determination. Parties involved: EVE Energy-related respondent entities. Related scope: EVE Energy and related U.S. sales entities were listed as respondents in the patent investigation.

  • 2025

    EVE Energy-Linked Lithium Salt Firm Accused of Illegally Burying 10,000 Tons of Hazardous Waste

    Xinghua Lithium Salt, in which EVE Energy holds a 49% stake, was accused of illegally burying 10,000 tons of lithium salt hazardous waste; the company had previously been penalized multiple times for environmental violations. EVE Energy was drawn into public controversy.

  • 2023

    EVE Energy Warned by Securities Regulator Over Undisclosed RMB 2.3 Billion Related-Party Transaction

    EVE Energy failed to timely review and disclose a RMB 2.31 billion related-party transaction, and the Guangdong Securities Regulatory Bureau issued warning letters to the company, Chairman Liu Jincheng, General Manager Liu Jianhua and the board secretary. The matter was recorded in the integrity archive.

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Brand decisions

  • 2025

    Proposed Hong Kong H-share listingStrategy

    Background

    EVE's international expansion and capital requirements created a rationale for seeking an additional public-market listing.

    Action taken

    The board approved a proposal to pursue a listing of H shares on the Hong Kong Stock Exchange.

    Aftermath

    The proposal remained subject to the applicable corporate, regulatory, and listing procedures.

  • 2023

    Establishment of Amplify Cell TechnologiesM&A

    Background

    EVE sought a North American manufacturing platform for commercial-vehicle batteries and partnered with major commercial-vehicle and powertrain companies.

    Action taken

    EVE joined Accelera, Daimler Trucks & Buses, and Paccar in the joint venture, with EVE holding 10 percent.

    Aftermath

    The venture planned a 21 GWh Mississippi plant for LFP cells, with production targeted for 2026.

  • 2021

    Jingmen capacity expansionStrategy

    Background

    Demand from power tools, electric vehicles, and energy storage led EVE to expand its Hubei manufacturing base through several successive plans.

    Action taken

    The company announced new cylindrical and prismatic production lines and additional phased capacity in Jingmen.

    Aftermath

    Jingmen became one of EVE's principal manufacturing hubs for power and storage batteries.

    Announced investment. CN¥21.91 billion expansion investment; total facility investment stated as CN¥30.5 billion (2021 announcement)

Recent events

  • Reported

    EVE Energy unveils solid-state and sodium-ion batteries[11]

    EVE Energy held a product launch at its Chengdu base and unveiled the Longquan No. 3 2.0 all-solid-state battery and a sodium-ion battery solution for electric two-wheelers.

  • Reported

    EVE Energy signs cooperation agreements for implantable BCI applications[11]

    At its product launch event, EVE Energy signed strategic cooperation agreements with Jingyu Medical and Sichuan Provincial People's Hospital. The partners plan to connect research and development, industrialization and clinical application to support broader clinical use of implantable BCIs.

  • EVE Energy receives 206 GWh energy storage project orders from BMW and Hongqi[12]

    On October 7, 2026, battery maker EVE Energy received orders totaling 206 GWh for energy storage projects from BMW and Hongqi; the report states this further optimizes the industry landscape.

  • Yuntianhua, Enjie and EVE Energy agree to establish battery-sector joint ventures[13]

    Yuntianhua, Enjie and EVE Energy, along with other parties, signed a cooperation agreement to establish two joint ventures in Yuxi for mineral-resource development and processing, and research, production and sales related to new-energy batteries and materials.

  • Remote Auto and 11 companies announce China Zero-Carbon Land Transport Alliance[14]

    Remote Auto and 11 upstream and downstream companies announced that they would jointly establish the China Zero-Carbon Land Transport Alliance to promote lower-carbon, smarter and more efficient logistics in China.

  • Teld announces planned capital increase with strategic investors[15]

    Teld announced that it planned to raise about RMB 300 million through a capital increase, with 10 strategic investors expected to subscribe for newly issued shares. The article names GLP, State Power Investment Corporation, China Three Gorges Corporation and EVE Energy among the investors.

  • Reported

    Eve announces fourth-generation Eve Energy smart plug[16]

    Eve Systems announced the release of the fourth-generation Eve Energy smart plug, which adds Thread wireless networking technology and works with Apple's HomeKit.

  • Unconfirmed

    Reported

    EVE Energy wins 2019 Greater Bay Area Listed Company Rising Star Award[17]

    EVE Energy received the 2019 Greater Bay Area Listed Company Rising Star Award at the event. The source does not state the event's calendar date.

  • Reported

    EVE Energy receives energy-storage battery certification[18]

    EVE Energy received a China Electric Power Research Institute certification for its lithium-ion batteries for power storage, and was described as one of only two companies in the first group to receive it.

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Sources18 sources

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