EVE Energy, one of the world’s leading battery-technology companies, has launched production at four battery plants in Jingmen, China, totaling 73 gigawatt hours of capacity, in response to significant growth in market demand.
EVE’s combined investment in the four production facilities totals more than CNY 16.6 billion ($2.4 billion). According to Liu Jincheng, chairman of EVE Energy, commissioning the four plants gives the company sufficient production capacity for each product direction within the new energy-industry chain.
The factories will produce batteries used in the power energy-storage field, alleviating supply shortages in the energy-storage market; large cylindrical power batteries; passenger-car standard lithium iron cells and integrated battery packs, suitable for newer car companies looking to build cars using smart factories; and energy-storage products and commercial-vehicle lithium iron cells, which will increase supply capacity in markets such as
