RELEASE: EVE Energy President Expresses Optimism at China EV100 Forum

BEIJING, April 15, 2023 /PRNewswire/ -- Dr.

RELEASE: EVE Energy President Expresses Optimism at China EV100 Forum

BEIJING, April 15, 2023 /PRNewswire/ -- Dr. Liu Jincheng, Chairman of EVE Energy, a leading manufacturer of lithium-ion batteries, was invited to speak at the China EV100 Forum 2023, a three-day event focused in the development of China's electric vehicle industry. Dr. Liu's keynote speech titled "A New Stage for EVE Energy's Electric Battery Development" shared information on the current situation of batteries, challenges in fast-charging technology, and prospects for future development.

The China EV100 Forum is organized by China EV100 and co-sponsored by Tsinghua University, China Society of Automotive Engineers, China Association of Automobile Manufacturers, China Automotive Technology and Research Center, and Engineering Research Institute China Automotive. The event aims to promote the upgrading of China's auto industry and features discussions on global industry development trends, high-quality development of new energy vehicles, China's intelligent connected vehicle development strategy, and trends in core industry supply chains such as electric batteries.

"This is the second time that EVE Energy has attended the China EV100 Forum. Our long-term strategy is to develop our lithium-ion battery technology and maintain a stable business structure with consumer batteries, power batteries and storage batteries for energy," explained Dr. Liu. "In addition, we have strengthened our cooperation with leading companies in the supply chain since 2018 and invested in more than 20 joint ventures to ensure supply and control costs."

Dr. Liu discussed the current state of the energy storage battery industry, specifically in relation to lithium-ion batteries. He mentioned that developing these batteries is a long-term commitment due to the tests that are required to ensure their useful life, which can take several years. He also stressed the importance of taking a long-term perspective when entering the industry and developing a sustained work ethic, including in the dynamic fields of energy storage and batteries.

His speech then covered the challenges and practical approaches to fast charging technology. Dr. Liu revealed that focusing on cheap and lightweight designs is the current trend in the electric battery industry. Security used to be the number one concern, but after years of effort, it has been adequately addressed. Now the focus is on optimizing the structure and cost of the battery. He believes that fast charging technology and network building are critical to solving the ultimate bottleneck problem plaguing electric vehicle development.

In addition, Dr. Liu suggested that improving fast charging to around 10 minutes will significantly reduce the social cost of using electric vehicles. He also explained that EVE Energy had conducted successful fast-charging trials in Guangdong and Hubei, and they plan to further expand in partnership with companies in Huizhou and Jingmen. He also suggested that DC power should be used for ultra-fast charging, since it does not require large-scale charging stations.

Commenting on his outlook for the development of the industry, Dr. Liu said that in the past two years, the company had focused on improving the performance of electric vehicle batteries by optimizing space and structure through the design and thermal management. This has led to higher battery capacity and better space utilization, which in turn has allowed for longer driving ranges. One example of this approach that he cited was the use of large cylindrical LFP batteries, which feature a new structural design that improves space utilization and reduces the number of structural components, thereby lowering costs.

For more information about EVE Energy, visit https://www.evebattery.com/en.

EVE Energy at Acerca

Founded in 2001 and listed in Shenzhen in 2009, EVE Energy has become a global player in the market, providing core technologies and comprehensive solutions for consumer batteries and power, especially in the Internet of Things and Internet of Energy. Currently, EVE Energy has established a research institute with 60 doctors and more than 3,400 interdisciplinary R D engineers in materials, electrochemistry, structure design and electronic circuit design, obtained more than 5,910 national patents in China. The company launched a carbon reduction roadmap with a series of low-carbon reduction efforts in energy use, manufacturing process, supply chain and resource management, and was named a "Green Factory National".

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