EVE Energy Co., Ltd. (300014.SZ) has announced that its wholly-owned subsidiary, EVE Power Hungary Kft. (referred to as “EVE Hungary”), recently received a building permit from the government of Debrecen, Hungary. This permit allows EVE Hungary to establish a battery manufacturing plant in Debrecen.
The issuance of this building permit is a significant step forward for the company’s construction needs in Hungary. It will enable various stakeholders to leverage their resources and advantages effectively, thereby expanding the production capacity of energy storage batteries. This move is essential for strengthening the company’s influence, overall competitiveness, and level of internationalization within the new energy sector.
Moreover, the establishment of this facility aligns with the company’s strategic development plans and benefits all shareholders, marking an important initiative in enhancing the global industrial layout of EVE Energy.