EVE Energy to Increase the Production Capacity of Power and Energy Storage Batteries

The company held a ceremony to mark their commissioning, while also breaking ground for the construction of a 60GWh Super Factory, also in the central Chinese city.

During the ceremony, Dr. Yuan Dingding, Chief Technical Officer for Lithium Iron Phosphate Batteries of EVE, introduced the company's work on fast-charging technology innovations and its product of 130Ah LFP Cell has been realized applications in SUV vehicles with the 800V Battery systems.

EVE's combined investment in the four production facilities that entered operations totals more than CNY 16.6 billion. Company Chairman Dr. Liu Jincheng commented that completing and commissioning the 6, 7, 8, and 9 sectional plants enables the company to possess sufficient production capacity for each product direction within the new energy industry chain.

Among the four new factories, the Factory 16 in section 6 will produce LF280K batteries, the company's flagship product mainly used in the power energy storage field. The new capacity will effectively alleviate supply shortages in the energy storage market.

The company also announced plans at the ceremony to start the 60GWh Super Factory project, a key step for Jingmen's power storage battery capacity to break through 200GWh. Wei Na, General Manager at the Lithium-ion Battery Factory Planning Department, introduced the highlights of the facility.

It is slated to be the world's largest single-unit capacity factory with integrated and digital design, considerably bolstering capacity efficiency and reducing production costs. Upon completion, the super factory will have an annual production capacity of 60GWh of the next-generation flagship product LF560K batteries.