China's third-largest EV battery maker expanding globally
EVE Energy is one of China's top battery manufacturers, producing lithium batteries for electric vehicles, energy storage, and consumer electronics. The company supplies major automakers including BMW and is building manufacturing facilities in Malaysia and Hungary to serve global markets. EVE Energy specializes in large cylindrical cells (4680 format) that are increasingly preferred by global automakers.
EVE Energy's global expansion represents the diversification of China's battery supply chain beyond CATL, with strategic implications for global EV manufacturing.
EVE Energy Batteries Power Harbin Shared E-Bikes for Stable Low-Temperature Operation
As of March 5, 2026, Harbin's entire fleet of shared e-bikes is equipped with EVE Energy's lithium batteries, ensuring stable operation even at -30°C. This deployment highlights the reliability and performance of EVE's batteries in extreme cold conditions, a critical factor for mobility solutions in many parts of China and other northern APAC regions during winter.
EVE Energy and XCMG Power Sign Strategic Cooperation Agreement
EVE Energy announced on March 4, 2026, that it has signed a strategic cooperation agreement with XCMG Power. This partnership is expected to leverage the strengths of both companies in battery technology and heavy machinery, potentially leading to the development and deployment of advanced battery solutions for construction and industrial equipment within China and the broader APAC market.
EVE Energy Establishes Power Electronics Lab for Grid-Forming Energy Storage
On February 25, 2026, EVE Energy officially inaugurated its Energy Storage Research Institute (Wuhan) Power Electronics Laboratory. This facility is positioned as a strategic pivot for developing grid-forming energy storage technologies, crucial for stabilizing power grids and integrating renewable energy sources more effectively across China and potentially other APAC markets.
EVE Energy's Malaysia Phase II Plant Completed, Boosting Global Production
EVE Energy celebrated the completion and ribbon-cutting ceremony for its second phase of the Malaysia plant on February 24, 2026. This expansion signifies a significant step in the company's global manufacturing strategy, enhancing its production capacity and supply chain capabilities to meet growing international demand for its battery products.
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