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Blockchain Press Releases

EVE Energy Celebrates Milestone with One Millionth 4695 Cylindrical Battery

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Xu, Yaqin, Deputy General Manager of Product Quality Department at EVE Energy, Reveals the Story Behind the Millionth 4695 Cylindrical Battery Roll-out

JINGMEN, China, July 13, 2023 /PRNewswire/ — EVE Energy Co., Ltd. (EVE Energy), a leading lithium-ion battery manufacturer and energy storage solutions provider, celebrates the successful production of its one-millionth 4695 cylindrical battery. This achievement represents a major milestone for the company and highlights its pivotal role in driving the development of the industry as a whole. EVE Energy marked the event with a sharing session led by Ms. Yaqin, Deputy General Manager of 4BU Product Quality Department at EVE Energy. She shared the story of the company’s development and its path to producing 4695 cylindrical batteries.

The production of one million 4695 cylindrical batteries signifies a remarkable accomplishment for EVE Energy and serves as a true testament to their unwavering commitment to excellence and innovation. Currently, EVE Energy has successfully launched their production line for these exceptional batteries, making history as the first company in China to do so. The battery’s exceptional performance has garnered recognition and anticipation from various industry events, further highlighting EVE Energy’s impressive accomplishments.

“The successful production of one million 4695 cylindrical batteries is a testament to our dedication and expertise,” stated Ms. Yaqin, during an interview as she expressed her excitement about the achievement. “This milestone not only demonstrates our ability to meet the demands of the market but also symbolizes our ambition to become the leading manufacturer in China.”

EVE Energy 4BU No.14th Factory, where Xu Yaqin works, took on the task of manufacturing 4695 cylindrical batteries. The goal is to realize the mass production of the first generation of 280Wh/kg 4695 cylindrical lithium battery products. During the interview, she further elaborated on the production process, focusing on No.14th factory as an exemplary case.

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EVE Energy is currently mass-producing 4695 cylindrical batteries at significant volumes on their assembly line. The process of scaling up production for these batteries presented several challenges due to the lack of mature technology and reference models for their assembly. However, the company overcame these obstacles through relentless efforts and independent research and development, resulting in a cost-effective production line.

During the development of the 4695 cylindrical battery production line, Ms. Yaqin acknowledged the challenges faced due to the lack of mature technology and reference models. However, EVE Energy’s dedication to cost-effective and efficient solutions allowed them to successfully develop their own production line at a low cost.

Yaqin has personally set an example of a learning leader. Graduated from Wuhan University majoring in English, she is not only a management consultant and intermediate economist but also has passed the examinations of psychological counselor, project management PMP certification, quality management black belt certification, and national registered quality system auditor. She not only has excellent professional knowledge but also mature management ability, excellent communication ability, and affinity, which led the team to make a great contribution to secure the winning of the over 100 billion RMB orders in its Jiangmen’s production base.

The company’s No.14th, No.34th, and No.44th factories have experienced continuous growth and achievements, with the No.14th factory serving as EVE Energy’s first 4695 cylindrical battery factory and setting the standard for sustainable, zero-carbon emissions throughout the entire life cycle. (No.34th & No.44th refer to the other two new 4695 cylindrical cell factories.) With a planned capacity of 21 GWh and an investment of 3.83 billion-yuan, No.14th factory has successfully mastered key technologies related to 4695 cylindrical batteries, leading the global production of 4695 cylindrical batteries. The invaluable partnership with BMW has further reinforced EVE Energy’s commitment to continuous improvement and excellence.

For more information about EVE Energy, please check EVE’s official website https://www.evebattery.com/en.

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About EVE Energy

Founded in 2001 and listed in Shenzhen in 2009, EVE Energy has developed into a global player in the market, providing core technologies and comprehensive solutions for both consumer and power batteries, especially regarding the Internet of Things and the energy internet. Currently, EVE Energy has set up a research institute with 60 doctors and over 4,190 interdisciplinary R&D engineers in materials, electrochemistry, structure design, and electronic circuit design, obtained over 5,900 national patents in China. The company launched a carbon reduction roadmap with a series of low-carbon reduction efforts in energy use, the manufacturing process, the supply chain, and resource management, and was named a “National Green Factory”. Meanwhile, EVE Energy leverages its BIM technology to provide accurate and reliable data for project management, saving a total of 2,533 tons of standard coal and reducing 16,000 tons of CO2 emissions annually.

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Blockchain Press Releases

HTX’s USDD Earn Now Offers 20% APY: Hedge Against Crypto Crash with High Yield

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SINGAPORE, Feb. 28, 2025 /PRNewswire/ — As the cryptocurrency market faces renewed turbulence, Bitcoin (BTC) has pulled back to around $80,000, while Ethereum (ETH) extends its slide. According to CoinGlass, market sentiment has sunk into “Extreme Fear,” fueling widespread investor anxiety. In this environment, investors are actively seeking stable and high-yield opportunities to hedge against volatility and preserve capital.

Amid the turbulence, recently, a HTX user Tony Wang shared their positive experience with the USDD Earn 2.0 product, showcasing consistent returns. “Even in a bearish market, the consistent yields from USDD Earn have provided stability for my portfolio. It’s reassuring to have a safe haven while the rest of the market is in freefall,” said the user. This sentiment is echoed by many investors who strategically moved a portion of their assets into HTX’s USDD Earn product prior to the recent BTC’s sharp decline. With a 20% annualized yield, they’ve managed to outperform the market and maintain steady returns despite broader market losses.

HTX’s USDD Earn Yields 20% – Optimal Stability and Yield 

Beyond trading, HTX offers a robust wealth-building ecosystem designed to help users thrive in any market conditions with a diversified suite of investment products.

The upgraded HTX’s USDD Earn product offers a market-leading 20% APY. USDD is a USD-pegged stablecoin, highlighting low volatility as a preferred choice for conservative investors. Stability and high yield make this product one of the most attractive stablecoin yield opportunities available today.

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HTX is set to roll out a major upgrade to its USDD Flexible Earn product next week, introducing USDT deposits for seamless subscriptions. Users will soon be able to deposit USDT into USDD Earn, unlocking a 20% APY with unparalleled flexibility. USDD Flexible Earn 2.0 boasts a string of strengths including 1:1 USDT to USDD conversion with no slippage, hourly compound returns, limited-time yield boost, and streamlined operation.

USDD: The Premier Choice for Stable and Secure Yields

Backed by robust reserves and professional asset management, USDD has emerged as a top-tier stablecoin for investors seeking stability. Through HTX’s USDD Earn, users can enjoy an astonishing 20% APY while minimizing exposure to market volatility. This competitive APY surpasses alternative peer products, delivering exceptional returns in a risk-mitigated environment. USDD maintains its peg with strong reserve backing, ensuring its reliability for long-term wealth preservation, even during market fluctuations.

One of the key advantages of HTX’s USDD Earn is its unrestricted access—investors can deposit and withdraw at any time, without lock-up periods. This flexibility caters both short-term liquidity needs and long-term wealth growth strategies.  To get started with USDD Earn, users can navigate to the  HTX app > homepage > Earn > Simple Earn > Flexible; alternatively, go to the Assets page > Earn > Flexible.

HTX upholds the highest security standards to safeguard user assets. Levering HTX’s strong USDD reserve, users can earn high stable yields with peace of mind, knowing that their funds are protected against market shocks. HTX’s comprehensive security framework reinforces trust and reliability, ensuring users can focus on maximizing returns without worrying about asset safety.

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HTX Earn’s Diverse Offerings: Enhanced Choice, Reliable and Secure Returns

In addition to the USDD Earn, HTX also offers 7-day Fixed products for BTC, ETH, and USDT with a 10% APY, designed to maximize returns. HTX allocates a 30,000 USDT equivalent subscription quota per user for each product. Upon full subscription, users will accrue approximately 57.53 USDT in returns at maturity.

While fostering wealth growth, HTX prioritizes user asset security. The platform employs a range of robust security measures to safeguard user funds. Moreover, HTX’s professional investment team provides data-driven asset allocation guidance, empowering users to achieve their financial goals.

HTX also delivers 24/7 customer support. Whether you’re a beginner or a seasoned trader, users can receive prompt assistance and investment insights. At HTX, you are more than just a user; you are a valued partner. Regardless of market conditions, HTX will always stand by your side, offering reliable guidance and unwavering support every step of the way.

Amidst market uncertainty, investors prioritize stable, high-yield opportunities. HTX’s USDD Earn, delivering a 20% APY and robust stability, is a compelling solution. Opting for HTX means selecting a proven and reliable path to financial growth.

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About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

Contact Details
Ruder Finn Asia
[email protected]
Company Website
https://www.htx.com

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Blockchain Press Releases

AB to List on Bitget in the Innovation and Web3 Zone, Marking a Key Milestone in Global Ecosystem Expansion

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SINGAPORE, Feb. 28, 2025 /PRNewswire/ —  AB DAO announced that the AB token will officially be listed on Bitget (bitget.com) in the Innovation Zone and Web3 Zone on March 3. This marks another major milestone in AB DAO’s global trading expansion. The listing will not only enhance market liquidity but also drive broader adoption of AB within the Web3 ecosystem.

As a leading global cryptocurrency exchange, Bitget remains committed to providing a secure, efficient, and innovative trading experience. Recently, it ranked among the top three exchanges on Coingecko, showcasing its strong industry competitiveness and market recognition. AB DAO congratulates Bitget on this achievement and looks forward to deeper collaborations in the Web3 space.

*AB Trading Pair Information*

*AB DAO Ecosystem Continues to Expand*

Users can currently trade $AB on the following exchanges:

  • HTX (htx.com)
  • MEXC (mexc.com)
  • 4E (eeee.com)
  • Bitget (bitget.com) (Coming Soon)
  • BingX (bingx.com) (Coming Soon)
  • BitMart (bitmart.com) (Coming Soon)

The $AB listing on Bitget marks another major step in AB DAO’s global expansion strategy. Moving forward, AB DAO will continue to integrate with more trading platforms, expand use cases, and accelerate ecosystem development.

Stay Updated on AB DAO

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Blockchain Press Releases

Bybit Card Elevates Travel Experience: Premium Lounge Access with a Chance of First-Class Flights

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DUBAI, UAE, Feb. 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to introduce new benefits for Bybit Card holders to upgrade their jetsetting lifestyle. Starting now, Bybit Card users can now access premium airport lounges worldwide through an exclusive partnership, elevating the travel experience for the crypto community.

The Bybit Card is also throwing in the chance to fly first class in a limited-time event. From now until Apr. 4, 2025, eligible users may sign up and spend $10 or more to qualify in the race for sky-high privileges. Prizes include first-class tickets valued at up to 10,000 USDT for 3 lucky winners, or 100 USDT for 10 more winners each month during the event.

Access Lounges Worldwide with the Bybit Card

This new benefit enables users to travel in style whether they are getting ready for a holiday, or finding comfort in transit. Access to over 250 global locations before take-off offers Bybit Card holders the freedom to escape the airport crowds and enjoy premium lounges at popular international destinations, including Singapore’s Changi Airport, the Dubai International Airport, Melbourne Airport, the Ezeiza International in Argentina, among other major aviation hubs.

All cardholders can easily redeem their reward points earned from regular spending for lounge access through the Rewards Mall, making premium travel experiences more accessible than ever.

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The program also features special benefits for VIP users, who enjoy 50% off lounge access redemption rates. The rewards points are alternatives to auto-cashback, and users may toggle to points to unlock similar benefits.

“We are in the business of making lasting memories with the crypto community. The Bybit Card aims to provide unparalleled user experience and flexibility in how our customers choose to use their digital assets,” said Joan Han, Sales and Marketing Director at Bybit. “The addition of global lounge access represents another step in our mission to bridge the gap between cryptocurrency and everyday experiences.”

A Card for the High Flyers

The launch of this premium travel benefit comes as part of Bybit’s ongoing commitment to enhancing the utility and prestige of crypto in all aspects of life. Cardholders can now experience the same level of luxury traditionally associated with premier banking cards, while maintaining the flexibility and innovation of crypto payments.

With the Bybit Card, over a million users get to seamlessly off-ramp mainstream tokens, access cashback perks, while earning competitive APR on eligible digital asset balances.

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For more information about Bybit Card rewards and how to get premium lounge access, users may visit www.bybit.com/cards/rewards. The lucky draw for first-class tickets will be conducted once a month on livestream, and users may find out more about their eligibility and the terms and conditions here.

#Bybit / #TheCryptoArk / #TheBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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