Officials of the two sides exchange opinions on July 8 in OVC. [Photo/WeChat account of Optics Valley of China]

EVE Energy Co, a global lithium battery company which possesses core technologies and solutions for consumer, power, IoT and renewable applications, signed an investment project agreement worth 3 billion yuan ($446.7 million) with the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC) on July 8, after Liu Jincheng, chairman of the company, and Liu Jianhua, CEO of the company, held a meeting with Liu Jie, Party work committee of the valley, on the same day. 

Offering his congratulations on the agreement signing, Liu Jie cited the new energy industry as one of OVC’s priorities, and promised more and better government services to the company. She expressed hope that EVE Energy can begin to tackle relevant technological bottlenecks, and turn scientific and educational resources into productivity, so as to push the development of the industry to a new level. 

Grateful for the valley’s support, Liu said that Eve Energy has become a competitive lithium battery platform firm in the global arena, boasting core technologies and overall solutions for consumer batteries and power energy storage cells. Its products have been widely applied in IoT and energy internet fields. 

According to the contract, EVE Energy will establish its energy storage headquarters in OVC, which will mainly focus on the R&D of lithium batteries and energy storage solutions, and will establish institutions for energy storage batteries and electrical power system designs.