E-Power Inc. secures a long-term anode supply contract and plans a joint battery facility in Indonesia with a top partner.
Quiver AI Summary
E-Power Inc. announced that it has secured a long-term contract to supply anode materials to a leading global lithium-ion battery technology partner, alongside plans to co-invest in a new facility in Indonesia with a capacity of 30,000 tonnes annually. This partnership highlights E-Power's competitive pricing and reliability in a rigorous supplier qualification process, aiming to enhance localized production capabilities. The initiative aligns with the partner's expansive global reach and seeks to create a sustainable and efficient supply chain for automotive and energy sectors. E-Power, based in China, is actively involved in the production of graphite anode materials and is constructing a large manufacturing plant powered by renewable energy.
Potential Positives
- E-Power Inc. secured a long-term supply contract for anode material from a leading Global Top-5 lithium-ion battery technology company, enhancing its market credibility and positioning.
- The establishment of a co-invested 30,000-tonne annual capacity lithium-ion battery anode material facility in Indonesia signifies a strategic expansion and localized production, improving supply chain efficiency.
- E-Power's selection through a stringent supplier qualification process underscores its competitive cost structure and product reliability, positioning the company favorably against competitors.
- The company is constructing a new manufacturing plant in China that utilizes renewable energy, reinforcing its commitment to low-cost, low environmental impact production in the energy materials sector.
Potential Negatives
- The press release heavily relies on forward-looking statements, which may raise concerns among investors regarding the uncertainty of future outcomes and the company's ability to meet its strategic goals.
- The use of terms like "may", "will", and "expect" indicates potential risks and a lack of definitive outcomes, which could negatively impact investor confidence.
- While the partnership is a positive development, it also highlights the dependency on the Partner for success, which may expose E-Power to reputational and operational risks if expectations are not met.
FAQ
What is the significance of E-Power's new supply contract?
E-Power secured a long-term contract for anode materials from a top-5 lithium-ion battery technology leader, enhancing market position.
Where will the new battery anode facility be located?
The planned facility will be located in Indonesia, with an annual capacity of 30,000 tonnes for lithium-ion battery anode materials.
How will this partnership benefit E-Power and its Partner?
This partnership aims to create a cost-efficient, resilient, and low-carbon supply chain for customers in the automotive and energy sectors.
What is E-Power's manufacturing capacity in China?
E-Power's joint venture in Guizhou Province is constructing a manufacturing plant with a production capacity of 50,000 tons of graphite anode material.
How can investors learn more about E-Power Inc.?
Investors can visit E-Power's website at www.sunrisenewenergy.com for more information and updates about the company.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
DOVER, USA, Feb. 13, 2026 (GLOBE NEWSWIRE) -- E-Power Inc. (“E-Power”, the “Company”, “we” or “our”) (NASDAQ: EPOW), a global provider of advanced energy materials, announced today that it has successfully secured a long-term anode material supply contract from a Global Top-5 lithium-ion Battery (including Energy Storage and Power Battery) Technology Leader (the "Partner"). Additionally, both parties have reached a strategic intent to co-invest in a 30,000-tonne annual capacity lithium-ion battery anode material facility in Indonesia.
The Partner consistently ranks among the global top five in energy storage battery and power battery shipments and operates a massive global manufacturing network. Its stringent supplier qualification process is a benchmark for the industry. E-Power’s selection in this high-stakes bidding process underscores the company’s competitive cost structure and robust product reliability.
Strategic Global Synergy Expanding beyond a standard supply relationship, the proposed 30,000-tonne facility in Indonesia marks a significant step in localized global production. This project aims to leverage regional resource advantages and align with the Partner’s global footprint, ensuring a resilient, low-carbon, and cost-efficient supply chain for world-class automotive and energy customers.
About E-Power Inc.
Headquartered in Zibo, Shandong Province, China, E-Power Inc., through its joint venture, is engaged in the manufacturing and sale of graphite anode material for lithium-ion batteries. The Company’s joint venture is constructing a 138,000 ㎡ manufacturing plant with a production capacity of 50,000 tons in Guizhou Province, China. The plant runs on inexpensive electricity from renewable sources, which helps to make Sunrise New Energy a low-cost and low–environmental-impact producer of graphite anode material. The Company’s management team is consisted of experts with years of experiences and strong track-records of success in the graphite anode industry. In addition, E-Power Inc. also operates a knowledge sharing platform business. For further information, please visit the Company’s website at www.sunrisenewenergy.com .
Forward-looking statement
Certain statements in this press release regarding the Company's future expectations, plans and prospects constitute forward-looking statements as defined by Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about plans, goals, objectives, strategies, future events, expected results, assumptions and any other factual statements that have not occurred. Any words that refer to "may", "will", "want", "should", "believe", "expect", "expect", "estimate", "estimate" or similar non-factual words, shall be regarded as forward-looking statements. Due to various factors, the actual results may differ materially from the historical results or the contents expressed in these forward-looking statements. These factors include, but are not limited to, the company's strategic objectives, the company's future plans, market demand and user acceptance of the company's products or services, technological updates, economic trends, the company's reputation and brand, the impact of industry competition, relevant policies and regulations, China's macroeconomic conditions, international market conditions, and other related risks and assumptions. In view of the above and other related reasons, we advise investors not to blindly rely on these forward-looking statements, and we urge investors to visit the SEC’s website to consult the company's relevant documents for other factors that may affect the company's future operating results. The company is under no obligation to make public amendments to changes in these forward-looking statements due to specific events or reasons unless required by law.
For more information, please contact:
The Company: IR Department
Email: [email protected]
Phone: +1 4084890472