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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

Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance

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DUBAI, UAE, April 19, 2025 /PRNewswire/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem.

Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection, and ensure regulatory readiness before introducing official legislation.

A key part of the discussion focused on safeguarding the market against illicit activities. The Minister emphasized the importance of robust compliance frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.

In response, Ben Zhou welcomed Vietnam’s measured and responsible approach to digital asset regulation and reiterated Bybit’s long-standing commitment to compliance:

Vietnam’s forward-thinking regulatory sandbox is a critical step toward unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the Government’s focus on investor protection and financial integrity,” said Ben Zhou, Co-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML, and global compliance standards, and we look forward to supporting Vietnam in building a resilient, secure, and dynamic crypto economy.”

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Bybit expressed its readiness to collaborate with Vietnamese authorities on several fronts, including system architecture design, transaction oversight, and the implementation of international best practices in AML/KYC. The exchange also proposed support in capacity building, such as training financial regulators and sharing experiences from other jurisdictions.

Minister Nguyen Van Thang welcomed Bybit’s proactive approach and assigned the State Securities Commission to coordinate with Bybit on concrete proposals. He also commended Bybit’s reputation for strong financial capabilities, technological resilience, and its adherence to legal and regulatory requirements in the markets where it operates.

This meeting underscores Bybit’s growing role as a trusted international partner for regulatory dialogue and innovation. It also highlights Vietnam’s readiness to embrace blockchain technology while ensuring financial safety and public confidence in the digital asset space.

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.

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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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Blockchain Press Releases

Bybit launches Crypto Surf: Copy Traders and Bots Battle for 250K USDT

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DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.

Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.

Prize Pool Distribution Highlights:

  • 40% to the champion squad
  • 30% to the runner-up 
  • 25% to the top 100 individual traders by volume
  • 5% to users who correctly predict the winning squad

The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.

Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.

The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.

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Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.

#Bybit / #TheCryptoArk

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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Blockchain Press Releases

Tomorrowland Brasil 2025 General Sale in Full Swing — Exclusive Cashback for Bybit Cardholders

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DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, highlights that general ticket sales for Tomorrowland Brasil 2025 are currently ongoing, with exclusive benefit available to Bybit Card and Bybit Pay eligible users such as 20% cashback.

The Bybit Card is designed for global use and supports both fiat currencies—ARS, BRL, EUR, USD—and a wide selection of cryptocurrencies. Integrated with Apple Pay, Google Pay, and Samsung Pay, it offers users up to 10% cashback on everyday purchases, 8% APR through Auto-Savings, free worldwide delivery, and $100 in monthly ATM withdrawals at no cost—without any annual fees.

Returning to the vibrant setting of Parque Maeda in Itu, São Paulo, Tomorrowland Brasil 2025 will take place from October 12 to 14, promising three days of music, imagination, and cultural exchange. Famed for its theatrical stages, global audience, and meticulously curated lineup, Tomorrowland is more than a festival—it’s a world of its own. With each edition, it transforms into a breathtaking playground of light, sound, and storytelling, drawing music lovers from over 100 countries to celebrate unity through electronic music.

This year’s Brazilian edition will feature performances from some of the world’s most sought-after artists, including David Guetta, Armin van Buuren, Vintage Culture, Mind Against, Steve Aoki, James Hype, Alesso, Nervo, and I Hate Models. Special acts include Alok’s “Something Else” concept, ANNA b2b Vintage Culture, and a powerful b2b set from Matisse & Sadko and Third Party. With more names still to be revealed, the event is shaping up to be one of the strongest editions yet.

“Tomorrowland Brasil is one of those rare experiences that transcends music—it creates lasting memories and connects people from every walk of life,” said Joan Han, Head of Payment business unit at Bybit. “We’re proud to support this global celebration by offering our users exclusive benefits that make it easier to be part of something truly unforgettable.”

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Tomorrowland Brasil continues to be a beacon of creativity, community, and connection, standing at the intersection of music, technology, and art.

#Bybit / #TheCryptoArk

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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About TOMORROWLAND BRASIL

Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.

The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.

Tomorrowland Brasil 2025
October 10-12, 2025
Parque Maeda, Itu
brasil.tomorrowland.com

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