As learned by EnergyTrend, Eve Energy issued an announcement on July 7 stating it would inject RMB 160 million of its own funds as capital increase into its subsidiary Eve Energy (Chengdu) Co., Ltd.

Upon completion of this capital injection, the registered capital of Eve Energy (Chengdu) will rise from RMB 600 million to RMB 760 million, with Eve Energy retaining 100% equity ownership of the subsidiary. Relevant industrial and commercial registration modification procedures have now been finalized.

Eve Energy stated the capital increase aims to meet the capital demands for the operation and development of its Chengdu subsidiary and bolster its sustainable development capacity.

According to public records, Eve Energy (Chengdu) was founded on April 27, 2022, located in Chengdu Economic & Technological Development Zone (Longquanyi District), Sichuan Province, with Liu Jincheng as its legal representative. The company specializes in the R&D, production and sales of lithium-ion power and energy storage batteries, whose products serve sectors including new energy vehicles and power tools.

The Chengdu facility functions as an R&D and manufacturing hub for innovative solid-state batteries. In 2025, the base rolled out its Longquan No.2 all-solid-state battery, a product tailored for high-end equipment such as humanoid robots, low-altitude aircraft and AI devices.

In March 2026, the site launched Longquan No.3 and Longquan No.4 all-solid-state batteries. Longquan No.3 targets consumer applications, operates under pressure below 2 MPa and features outstanding volumetric energy density. Longquan No.4 caters to power applications with a boosted capacity of 60 Ah; it can cycle under pressure no higher than 5 MPa and boasts preliminary commercialization potential.

Eve Energy plans to achieve breakthroughs in all-solid-state battery manufacturing processes in 2026 and launch an all-solid-state battery dedicated to hybrid vehicle applications. The firm also targets the rollout of high-specific-energy all-solid-state batteries reaching 400 Wh/kg by 2028. This capital injection is expected to facilitate capacity ramp-up at the Chengdu base and fund ongoing solid-state battery research and development.

Source：EnergyTrend