EVE Energy Posts Over RMB 4.1 Billion Net Profit in 2025, All Three Battery Segments Grow

On March 27, EVE Energy released its 2025 annual report: total revenue reached RMB 61.47 billion, up 26.44% year-over-year; net profit attributable to shareholders was RMB 4.134 billion, or RMB 5.002 billion after excluding share-based compensation expenses, an increase of 24.76% year-over-year; and net cash flow from operating activities amounted to RMB 7.492 billion, surging 68.98% year-over-year. All three business segments—consumer batteries, power batteries, and energy storage—delivered steady growth. Specifically, power battery shipments reached 50.15 GWh (+65.56%), while energy storage battery shipments totaled 71.05 GWh (+40.84%), bringing the company’s cumulative global energy storage shipments past the 150 GWh milestone. The company invested RMB 3.435 billion in R&D, launching multiple new technology products and achieving breakthroughs in areas such as all-solid-state batteries, sodium-ion energy storage systems, batteries for low-altitude economy applications, and robotics. Its overseas expansion is accelerating: the Malaysia factory has commenced production, the Hungary facility is expected to start operations in 2027, and the U.S. project is progressing steadily.