U.S. Department of War designates Chinese battery maker EVE Energy as military company
The U.S. Department of War has listed Chinese lithium iron phosphate battery maker EVE Energy as a Chinese military company, according to its latest 1260H roster.
The list, which is updated annually, prohibits the department from entering into contracts with entities designated as Chinese military companies. EVE Energy is part of a joint venture that established Amplify Cell Technologies, a nearly $2 billion project in Mississippi aimed at producing battery cells for electric trucks.
The Mississippi project received state incentives approved in January 2024, including a $186.7 million grant and a 10-year, 100% corporate income tax exemption. The venture involves companies such as Cummins, Daimler Trucks & Buses, and PACCAR, with EVE Energy holding a 10% stake and serving as the technology partner.
Construction of a 21-gigawatt hour factory in Marshall County broke ground in June 2024. However, the start of production has been delayed until at least 2028, following federal subsidy expiration and other logistical issues. The company’s website now appears suspended, and Daimler Truck’s CEO cited deferred manufacturing installation as part of a strategic delay.
The Department of War’s notice states that EVE Energy’s designation is due to its affiliation with China’s State-owned Assets Supervision and Administration Commission of the State Council (SASAC) and its role in China’s military-industrial fusion efforts. The notice further claims EVE Energy has received assistance from the Chinese government related to military industrial planning.
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