EVE Energy "sinks" into its subsidiary, with a 8,900% increase

(Source: Battery Industry Network)

This network news, recently, Jiangsu EVE Energy Storage Technology Co., Ltd. underwent an industrial and commercial change. The company name was changed to Jiangsu EVE Lithium Energy Co., Ltd., registered capital increased from 10 million yuan to 900 million yuan, a growth rate of 8,900%. At the same time, the original shareholder, Wuhan EVE Energy Storage Co., Ltd., withdrew, and Huizhou EVE Lithium Energy Co., Ltd. was added as the shareholder and holds 100% equity.

It is understood that Jiangsu EVE Lithium Energy Co., Ltd. was established in December 2024. Its business scope includes battery manufacturing, battery sales, R&D of emerging energy technologies, R&D of new materials technologies, manufacturing of automotive parts and accessories, manufacturing of new energy prime movers equipment, and so on.

Jiangsu is a key region in EVE Lithium’s industrial layout.

In 2020, EVE Power Hong Kong and SKI signed the “Joint Venture Operating Agreement,” co-building 27GWh soft-pack power battery production capacity, to actively promote the company’s development in the field of new energy batteries. In 2021, EVE Lingyang’s 10GWh energy storage battery project is located in the Qidong Economic Development Zone. It is invested and built by the subsidiary of Huizhou EVE Lithium Energy Co., Ltd. and Jiangsu Lingyang Energy Co., Ltd. The project’s Phase One total investment is 3 billion yuan, including equipment investment of 1 billion yuan, with an annual output of 10GWh lithium iron phosphate batteries.

Domestically, EVE Lithium has formed capacity layout across Huizhou, Hubei, Jiangsu, Sichuan, Yunnan, Zhejiang, and others. Overseas, the company has already built a battery production base in Malaysia and is actively pushing forward the construction of its Hungary plant project. Including projects under construction and those already put into operation, EVE Lithium has become one of the lithium battery companies that has expanded the fastest in recent years, and its planning and execution capabilities are among the best in the battery industry.

Behind EVE Lithium’s large-scale capacity expansion is a surge in demand.

Data shows that in 2025, China’s shipments of energy storage batteries reached 630GWh, up more than 80% year over year. EVE Lithium’s energy storage battery shipments were 71.05GWh, up 40.84% year over year, firmly ranking among the global top two. In the same year, global power battery shipments reached 1,495.1GWh, up 42.2% year over year. EVE Lithium’s power battery shipments were 50.15GWh, up 65.56% year over year.

Another point worth mentioning is that EVE Lithium has also made breakthrough progress in the solid-state battery field. Its in-house “Longquan No. 2” and “Longquan No. 3” all-solid-state batteries were rolled off the production line one after another, and core indicators such as energy density have entered the global first echelon.

With the rebound of the traditional automobile and energy storage markets, along with the rise of low-altitude economy and robotics, lithium battery application scenarios will further expand. EVE Lithium may leverage its larger production scale to gain a competitive advantage.

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