Greenfuel Energy Solutions, a prominent provider of clean mobility solutions and Energy Storage Systems (ESS), has forged a partnership with EVE Energy Co., Ltd., a leading global lithium battery company headquartered in China. This strategic collaboration aims to secure high-quality lithium cells for Greenfuel, encompassing diverse cell types such as pouch, prismatic, and various cylindrical cells provided by EVE Energy.

EVE Energy stands out as a leading lithium battery company in the industry, boasting core technologies and comprehensive solutions. The company has established a well-rounded product sequence encompassing consumer, power, and Energy Storage Systems (ESS), widely applied in the Internet of Things (IoT) and renewable energy sectors. EVE's cylindrical batteries, featuring NCM and LFP material systems, offer advantages such as high safety, extended endurance, long-cycle life, and a wide temperature range. These batteries cater to various energy types, rate types, and long-cycle types, ensuring comprehensive scenario matching. EVE has globally supplied over 2.1 billion cylindrical batteries, with its 2022 shipment volume ranking among the world's top and securing the first position in China.

According to Akshay Kashyap, MD and Founder of Greenfuel Energy Solutions Pvt. Ltd., the strategic alliance with EVE Energy represents a significant step forward in their commitment to delivering cutting-edge solutions for the electric mobility sector. The collaboration is expected to enhance the lifespan of their e-mobility and ESS lithium-ion battery packs.

As Greenfuel's global partner, EVE maintains its technological edge in cylindrical batteries while diversifying its product matrix for the worldwide market. EVE Energy showcased a comprehensive range of innovative products, including cylindrical batteries, prismatic batteries, battery packs, battery systems, and Battery Management Systems (BMS) at the 2023 India EVEXPO exhibition, designed to adapt flexibly to various transportation electrification scenarios and IoT application needs.

In 2023, EVE Energy officially announced the construction of a battery factory in Debrecen, Hungary, geared towards supplying large cylindrical batteries for the BMW Group Debrecen plant. Situated in the northwest economic zone of Debrecen and covering an area of 450,000 square meters, the Hungarian factory focuses on the production of large cylindrical batteries.