On March 30, EVE Energy announced that its subsidiary, Hubei EVE Power Co., Ltd., plans to enter into a contract with the Shayang County People's Government and the Management Committee of Jingmen High-tech Industrial Development Zone regarding cooperation on the construction of a 60GWh power and energy storage battery project in Jingmen City. This project has a planned total investment of RMB 6 billion to construct a 60GWh power and energy storage battery facility. The board of directors authorizes the company's management to handle all subsequent matters related to this project and to sign the relevant procedures and documents in connection with the project.
Mar 31, 2026 13:25On February 26, EVE Energy officially announced the signing of a strategic cooperation framework agreement with Arctech, securing a two-year collaboration scale of 12GWh for energy storage batteries and systems. This includes 10GWh of large-scale energy storage battery products and 2GWh of energy storage system products.
Feb 28, 2026 10:04Recently, Sunrise New Energy (EPOW.US) announced progress in its sodium-ion battery business. In 2025, the company was approved for two major special projects by the Guizhou Provincial Department of Science and Technology, focusing on the R&D of "hard carbon anode materials for sodium-ion batteries." The project is expected to commence construction in H2 2026 and is anticipated to begin production this year, further expanding its technological layout. It is reported that the project primarily leverages Guizhou and Qianxinan's abundant coal resources, as well as biomass resources such as moso bamboo, walnut shells, and corn stalks, to conduct research and application of high-performance hard carbon anode materials for sodium-ion batteries. The aim is to enhance the quality of hard carbon anode materials, achieve energy utilization of certain biomass scrap, and promote the enterprise's economical and green development.
Feb 25, 2026 17:22PT PLN (Persero), shareholder of Indonesia Battery Corporation (IBC), supports IBC’s partnerships to accelerate an integrated national battery industry from upstream mining to downstream production. On Jan 30, 2026, in Jakarta, IBC signed a framework agreement with PT ANTAM and HYD Investment Limited consortium (Zhejiang Huayou Cobalt & EVE Energy). IBC CEO Aditya Farhan Arif called it the first step in national battery downstreaming—emphasizing investment, technology transfer, and domestic capacity building. The $6B project builds a full mine-to-battery chain: nickel mining & processing, precursor/cathode materials, battery cell production (starting 20 GWh), mainly in East Halmahera and West Java. PLN CEO Darmawan Prasodjo stressed its key role in boosting Indonesia’s EV ecosystem.
Feb 3, 2026 14:17On June 27, EVE announced that its wholly-owned grandchild company, EVE ENERGY STORAGE MALAYSIA SDN.BHD., planned to invest in the construction of a new-type energy storage battery project using its own funds, funds raised from stock issuance, and/or self-raised funds, with an investment amount not exceeding RMB 8.654 billion. The announcement indicated that the project, leveraging domestic manufacturing advantages and operational experience, planned to expand an energy storage production site in Kedah, Malaysia. The construction period of the project would not exceed 2.5 years. The project aims to expand overseas capacity by relying on domestic advantages, meet the growing global demand for energy storage, reduce the risks of trade friction, promote overseas business expansion, enhance the company's performance, and strengthen its market position and global industrial layout in the lithium battery field.
Jul 1, 2025 18:35Recently, EVE Energy Co., Ltd. announced that its wholly-owned grand subsidiary, EVE BATTERY INVESTMENT LTD., holds a 30.73% stake in SMOORE International Holdings Limited. To enhance market capitalization management, the company intends to extend the previous share reduction plan, authorizing its chairman to reduce its stake in SMOORE International Holdings Limited by no more than 3.5%, or approximately 216.5785 million shares, within one year through block trading, concentrated bidding transactions, and other means. This share reduction plan does not constitute a related-party transaction or a major asset restructuring, and does not require submission to the shareholders' meeting for approval.
Jun 17, 2025 14:14