StoreDot signs strategic manufacturing agreement with Eve Energy
The deal will facilitate StoreDot's cells being produced from EVE's highly advanced production lines in the future, to be delivered directly to the company's customer portfolio of global electric vehicle manufacturers.
2180 Views
StoreDot, an extreme fast charging battery technology firm for electric vehicles, has collaborated with EVE Energy to secure manufacturing capacity from the firm to produce its XFC batteries.
The company will also license its technology to EVE and continue to pursue licensing agreements with other third parties, in conjunction with creating its own global captive capacity.
The deal will facilitate StoreDot's cells being produced from EVE's highly advanced production lines in the future, to be delivered directly to the company's customer portfolio of global electric vehicle manufacturers.
EVE Energy began its relationship with StoreDot in 2017 and announced a significant EVE affiliated investment in the business in 2021.
"I'm also pleased as this agreement fully cements our strong alliance with EVE Energy," added Tirosh.
RELATED ARTICLES
Bosch and Tata Autocomp to form EV Drivetrain Joint Venture in India
Arunima Pal
18 Mar 2026
Both Bosch Limited and Tata Autocomp Systems Limited will each hold 50% of the paid-up share capital of the JVCo, making...
Precision Wires India Receives BIS Certification for Copper Wire Rod Manufacturing
Angitha Suresh
18 Mar 2026
The Mumbai-listed wire manufacturer has obtained bureau certification for its Gujarat plant, with commercial production ...
BYD Eyes Double-Digit Growth in India, Keeps Premium Focus; Hybrids Under Evaluation
Autocar Professional Bureau
18 Mar 2026
Chinese EV maker says two models are already certified for India; localisation timeline remains unclear
