Daimler Taps Eve Energy for NEV Batteries
Tang Shihua
/SOURCE : Yicai
Daimler Taps Eve Energy for NEV Batteries

(Yicai Global) Aug. 3 -- Eve Energy, China's biggest provider of lithium cells, has won a contract from German auto giant Daimler to provide new energy vehicle batteries over the next ten years.

The two parties have put pen to paper on the deal, the Guangdong-based firm said in a statement without providing further details. The company produces some 9 gigawatt-hours of batteries per year.

Daimler is currently pushing aggressively into the NEV sector and aims to have electric versions of all its cars available by 2022 through the introduction of more than 50 electric cars.

Chinese battery makers are fiercely competing for business from high-end international customers. The country's biggest battery maker Contemporary Amperex Technology, better known as CATL, received a letter of intent from BMW last month for battery orders for NEV models.

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Keywords: Long Term Supply Contract , Lithium Battery , Daimler AG , EVE Energy