EVE Energy and XCMG Power have reached a strategic cooperation agreement to accelerate the electrification of construction machinery.

EVE Energy and XCMG Power signed a strategic cooperation agreement in Xuzhou, Jiangsu Province, marking an upgrade in their relationship from battery cell supply to system product development cooperation. XCMG Power, as a core enterprise of XCMG Group's new energy three-electric system, maintains close communication and business collaboration with EVE Energy. In 2026, the two parties will strengthen cooperation on projects such as 448kWh heavy-duty trucks and jointly develop a 432kWh loader project, providing battery systems for multiple XCMG new energy vehicle models. This agreement will involve joint development of various engineering equipment, including heavy-duty trucks, loaders, and mining trucks, addressing the challenges of range anxiety and high costs associated with the electrification of construction machinery.