[Lithium battery: EVE Energy Q1-Q3 net profit up 86%, ESS battery shipments reach 67.52GWh]
EVE Energy released its Q3 2026 report, posting revenue of RMB 73.39 billion for the first three quarters, up 63.08% YoY, and net profit of RMB 5.24 billion, up 86.11% YoY. EV battery shipments reached 66.17GWh, up 91.30%, while ESS battery shipments hit 67.52GWh, up 39.46%. The company said Q4 capacity is fully booked with production scheduling expected to rise QoQ, and both EV and ESS businesses are expected to see significant growth in 2027, with the overseas share of ESS batteries set to increase sharply.