EVE Energy invests in a sodium-ion battery company

On April 7th, Shenzhen Jina Energy Technology Co., Ltd. (hereinafter referred to as “Jina Energy”) officially announced that it has successfully completed a multi-hundred-million-yuan Series A+ funding round. The funding lineup is strong, attracting well-known institutions such as Shenzhen Energy Storage Fund and lithium-ion leader EVE Energy. The capital will focus on technological iteration of key materials for sodium-ion batteries, capacity expansion, and global market development, further consolidating Jina Energy’s core leading position in the sodium-ion cathode material track, and marking a key step for EVE Energy’s layout in the sodium battery industry chain.

As a benchmark enterprise in the field of anionic sodium battery materials, Jina Energy is supported by a core R&D team from Wuhan University. It specializes in iron-based anionic cathodes and biomass hard carbon anodes, developing core technological routes. The company has established a full-chain solution from cathode, anode to battery manufacturing, making it one of the few sodium battery material companies with complete core technological competitiveness in the industry. The successful landing of this Series A+ funding not only recognizes its technological strength and industrialization potential by the capital market but also injects strong momentum into its subsequent development.

Image/Jina Energy

It is reported that after this round of financing, Jina Energy will focus on three core development strategies, accelerating the industrialization process of sodium battery materials. First, increasing R&D investment, continuously optimizing the performance of core materials, and tackling key technical bottlenecks such as high energy density and long cycle life, while strengthening independent intellectual property barriers to maintain technological leadership; second, speeding up capacity expansion and planning new production bases to further enhance large-scale supply capabilities, efficiently matching surging downstream market orders and ensuring stable product delivery; third, deepening the layout of core application scenarios, continuously expanding strategic cooperation with leading customers, accelerating overseas market penetration, and steadily increasing global market share.

The dual advantages of technology and capacity are the core confidence behind Jina Energy’s favor from capital. To date, the company holds nearly 300 patents, with over 70% being invention patents. Its overall technological level has been recognized as internationally advanced by the Ministry of Industry and Information Technology. In terms of capacity layout, Jina Energy has the world’s first multi-thousand-ton production line for anionic sodium cathode materials, with key material capacity of over ten thousand tons already released. It is also the only company in the anionic cathode industry with a cumulative delivery of several thousand tons and protocol orders exceeding ten thousand tons.

In terms of product competitiveness, Jina Energy’s self-developed composite iron phosphate sodium (NFPP) cathode material performs outstandingly, achieving large-scale application and widely covering core fields such as energy storage and lightweight power. Its customer base includes industry leaders like BYD, CATL, and HEC Storage, with products exported to more than ten regions worldwide. Market recognition continues to grow.

The investment of EVE Energy in Jina Energy reflects the industry trend of sodium battery industry scaling up. Currently, sodium batteries, with advantages such as abundant sodium resources, low cost, high safety, and excellent performance over a wide temperature range, are transitioning from technical validation to large-scale application. 2026 is regarded as the year of scale for sodium batteries in the industry, with cell costs dropping to 0.35-0.40 yuan/Wh, narrowing the gap with lithium iron phosphate batteries. As a leading lithium-ion company, EVE Energy has laid out the entire sodium battery industry chain, planning a 2 GWh capacity, mainly targeting energy storage and AIDC scenarios. This investment in Jina Energy aims to secure supply of core materials for mainstream sodium battery technology routes, improve its anionic sodium battery technology matrix, strengthen industry chain synergy, and reduce supply chain costs and risks.

Industry analysts believe that EVE Energy’s investment will enable mutual advantages—helping Jina Energy accelerate technological iteration and capacity release, while also allowing EVE to improve its “hydrogen-lithium-sodium” multi-technology layout, further expanding market boundaries. With continued support from top-tier capital and industry players, the sodium battery industry chain will accelerate its collaborative development, potentially promoting large-scale penetration in energy storage, lightweight power, and AIDC scenarios, helping the new energy industry reduce dependence on lithium resources, build a safer and more diversified energy system, and inject new momentum into achieving the “dual carbon” goals.