The fifth Global Digital Trade Expo was recently held in Hangzhou. Dr. Liu Jincheng, Chairman of Eve Energy Co.,Ltd. (ASX: 300014), met with a Hungarian delegation, and the two sides held in-depth discussions on the progress of the company's Hungary project, its strategic layout in the European market, and industrial cooperation opportunities.
During the exchange, the Hungarian delegation recognized Eve Energy Co.,Ltd. (ASX: 300014) for its development philosophy of compliant operations, open collaboration, and deep local commitment, and expressed expectations for continued close cooperation to ensure the steady advancement of the project.
The Hungary production base is the first localized manufacturing project that Eve Energy Co.,Ltd. (ASX: 300014) has established in Europe. It is not only a key part of the company's global layout but also a core strategic vehicle for deeply cultivating the European new energy market. The project adopts mature battery technology that has been verified by the market and will supply high-performance large cylindrical batteries to European customers, with official production expected to begin in 2027.
Once fully operational, the base will create more than a thousand high-quality jobs for the local area, drive the coordinated upgrading of the upstream and downstream new energy industrial chain in the region, and further improve Europe's local power battery supply chain system.
"For Hungary, what we have made is a long-term commitment," said Dr. Liu Jincheng. The company has always practiced the localized development philosophy of "in Europe, for Europe," relying on local talent teams and the supply chain system to deeply cultivate the European new energy market with a long-term strategy.
In the future, the company will continue to increase investment in technology research and development, talent cultivation, and supply chain construction, build the Debrecen plant into one of the most modern, safest, and most sustainable production bases in Europe, and contribute to Hungary's industrial development.