On 9 May 2023, EVE Energy announced that the company has signed a sales agreement with a subsidiary of the Debrecen government to purchase land in the industrial zone in the northwest of Debrecen. EVE Energy will build a battery plant here to manufacture cylindrical EV batteries. According to the contract, EVE Energy will pay EUR12.8 million for 45 hectares of land. Péter Szijjártó, Minister of Foreign Affairs and Trade, announced that the total investment will be around HUF400 billion (~USD1.2 billion).