【SMM New Energy News】Sungrow: No Plans for Cell Manufacturing, Committed to Asset-Light Model

First, multi-material indexation has become normal practice in domestic cell pricing. However, passing these costs through to project owners is far from smooth. Second, the adjustment cycle in overseas markets is shortening. Yet even a lithium-carbonate-only linkage faces resistance at the owner level. Third, cost pressure is concentrating heavily at the integration stage.

During a recent investor meeting, EVE Energy projected that commercial vehicles will account for over 50% of its power battery shipments by 2026. Current market demand exceeds deliverable capacity by 5-10%, leaving no surplus for additional orders. Furthermore, as commercial vehicle products upgrade, their specifications increasingly overlap with large-cell energy storage requirements. Consequently, EVE Energy is accelerating the expansion of large-cell production to address capacity constraints and capture growing demand in both sectors.