EVE Energy to Lease 2,000 NEVs to Tibet Yiwei's Unit for 173 Million Yuan

MT Newswires Live

2024/11/27

Chinese battery maker EVE Energy (SHE:300014) agreed to lease at least 2,000 new energy vehicles to Guangdong Jinlong New Energy Vehicle Sales for 172.8 million yuan, according to a Shenzhen Stock Exchange filing on Wednesday.

Jinlong New Energy Vehicle Sales is a subsidiary of EVE Energy's controlling shareholder.

The lease will have a term of two years, but can be extended for another 12 months.

EVE's shares rose more than 1% in recent trade.

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