New Energy Industry News Update on 3rd Oct

Created on 10.03

New Energy Industry News Update on 3rd Oct

EVE Energy's Jan-Sep 2026 signed orders total 411.5 GWh; energy-storage orders exceed existing capacity.

Per "OFweek/10jqka" statistics released Oct 3, EVE Energy's disclosed contracts for Jan-Sep 2026 totaled 411.5 GWh, driven mainly by energy storage — including the 2027-2031 Fluence framework of 206 GWh (only 16 GWh committed for 2027) and over 30 GWh signed with European partners at the Hannover CME Show. Its 588Ah/628Ah large cells are key order-winners. EVE now covers all top-10 Chinese heavy-truck customers; commercial vehicles make up nearly half of its power battery shipments, with 2027 CV battery demand projected to grow 50%+. (Sources: 10jqka.com.cn, OFweek Lithium)

LFP leader Hunan Yuneng keeps raising funds to expand amid an overcapacity warning: end-2027 capacity could reach twice projected 2028 global demand.

A Sina Finance report (Oct 3) showed Hunan Yuneng — after a USD 711 million placement in April — filed for a Hong Kong listing on Aug 17 (Goldman Sachs added in September), with proceeds still going to its Guizhou base. China's LFP nameplate capacity in operation hit 8.16mn tons by end-May 2026, plus 11.38mn tons planned; full build-out would bring total capacity to 17.64mn tons by end-2027 — roughly double the forecast 2028 global demand of 7.9mn tons. Ronbay's 300,000-ton sodium-cathode plan is ~4.5x this year's global shipments; executives warn of "vicious competition by 2028." (Source: Sina Finance)

LFP prices kept slipping after the holiday: power-type USD 7,557/ton (-45), storage-type USD 7,394/ton (-45); cell prices edged up.

Mysteel data for Oct 2: LFP power-type at USD 7,557/ton (down USD 45), storage-type at USD 7,394/ton (down USD 45), power index USD 7,498 (down USD 30); lithium carbonate at USD 17,817/ton (down USD 111). Square LFP power cells rose to USD 0.082/Wh (up ~USD 0.0015). September LFP output is expected above 610,000 tons (+6% MoM), utilization 84.49%; August LFP installations hit 67.6 GWh, 85.6% of all EV battery installations (+31% YoY). The divergence suggests profits shifting from cathode materials to cells and packs. (Source: Mysteel)

Taizhou's e-two-wheeler exports surged 125.3% YoY in Jan-Aug to USD 152.9 million, with Latin America up 708%.

Taizhou customs data show export value of USD 152.9 million for Jan-Aug 2026, +125.3% YoY — including +27.1% to the EU, +708.1% to Latin America and +145.6% to ASEAN. Wangye Moto built corrosion-resistant models (plating above level 7) for Southeast Asia's hot, humid, salty climate, shipping a dozen-plus containers daily; Lima Motor's self-balancing autonomous e-scooter has entered small-batch production. The shift marks a move from low-price volume exports to precision localization. (Source: Taizhou News Network, customs data)