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On November 20, 2025, EVE Energy made an announcement stating that it had entered into a 'Procurement Framework Agreement' with SMOORE International. As per the terms of this agreement, SMOORE International, along with its affiliated entities, will consistently procure products like battery cells from EVE Energy and its associated companies. These products will serve as raw materials over the course of the period spanning from January 1, 2026, to December 31, 2028. It's important to note that this agreement is of a framework nature and does not encompass specific transaction sums. The actual amounts involved in the transactions will be calculated based on the orders placed and will be aggregated after undergoing an audit by accountants. Consequently, there is an element of uncertainty attached to these figures.
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