Powin Announces 15 GWh MSA with EVE Energy

EVE Energy Partners with Powin to Supply Advanced Battery Cells, Addressing Surging Market Demand

PORTLAND, Ore.–June 20, 2024— Global energy storage platform provider Powin LLC (Powin), today announced the signing of a 15 GWh Master Supply Agreement (MSA) with EVE Energy Co., Ltd. (EVE), a leading battery cell supplier. This agreement encompasses the provision of both 280 and 306 amp-hour lithium iron phosphate (LFP) cells.

The partnership with EVE signifies Powin’s strategic diversification and alignment with premier battery cell suppliers to meet market growth and surging demand. By collaborating with EVE, Powin continues to leverage best-in-class technology, ensuring the delivery of reliable and efficient energy storage solutions. EVE, recognized as a Tier 1 battery cell supplier, is renowned for its extensive global footprint and high-performing battery cells.

Kirk Fleischhauer, Chief Operating Officer at Powin, stated, “We are thrilled to partner with EVE, whose innovative and high-quality LFP cells will significantly enhance our product offerings. This agreement is a testament to our commitment to diversifying our supply chain and working with industry-leading technology providers to meet the evolving needs of the energy storage market.”

“We are proud to collaborate with a leading energy storage system integrator like Powin,” said Steven Chen, SVP of EVE Energy, CEO of EVE Energy Storage. “Powin’s extensive global presence and commitment to innovation align perfectly with our mission to deliver high-performance battery cells. Together, we look forward to driving the energy transition forward.”

The LFP cells from EVE will be integrated into Powin’s advanced energy storage systems, providing robust, safe, and long-lasting solutions for various applications. This collaboration aligns with Powin’s mission to drive the transition to a sustainable energy future through cutting-edge technology and strategic partnerships.

About Powin, LLC (Powin):

At Powin, we are advancing the next frontier of energy and changing the way we power our daily lives by ensuring access to clean, resilient, and affordable power. As a global energy storage platform provider, we offer fully integrated battery solutions, software, and services to optimize grid performance and enable the transition to cleaner energy sources. To learn more, please visit www.powin.com.

About EVE Energy Co., Ltd. (EVE):

Established in 2001 and listed in Shenzhen Stock Exchange in 2009, EVE is a private high-tech enterprise focusing on the innovation and development of lithium batteries. Adhering to a high-quality development strategy, EVE continues to focus on high-end lithium battery technology and products, owns core technologies of primary lithium batteries, small Li-ion batteries, and power batteries. EVE is committed to providing green and high-energy, safe and reliable power solutions for the IoT and Energy Internet. https://www.evebattery.com/en.

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