Recently, the pace of European projects of leading companies in the lithium battery industry chain has accelerated markedly: the Hungarian battery factory in the Ningde era started production, Guoxuan Hi-Tech announced joint ventures with Volkswagen companies to build battery factories in Spain and Slovakia, and Hunan Yuneng drastically raised the investment amount for Spanish projects. There is a dual drive behind the resurgence of the boom in building factories in Europe. The European Union's “Battery and Waste Battery Regulations” and “Net Zero Industry Act” have been implemented, and industry rules such as carbon footprints and battery passports have forced the lithium battery industry chain to speed up localization in Europe; the European power battery and energy storage markets are expanding rapidly, further opening a demand window for additional production capacity. Most interviewees believe that at present, the overseas layout of domestic lithium battery industry chain enterprises has moved from the “card race” in the early years to the verification stage of production capacity implementation and efficiency implementation. Refined and localized operation capabilities have become the core litmus test. Players with stable orders and compliance control and localized supply chain capabilities will stand out from the overseas layout competition.

Recently, the pace of European projects of leading companies in the lithium battery industry chain has accelerated markedly: the Hungarian battery factory in the Ningde era started production, Guoxuan Hi-Tech announced joint ventures with Volkswagen companies to build battery factories in Spain and Slovakia, and Hunan Yuneng drastically raised the investment amount for Spanish projects. There is a dual drive behind the resurgence of the boom in building factories in Europe. The European Union's “Battery and Waste Battery Regulations” and “Net Zero Industry Act” have been implemented, and industry rules such as carbon footprints and battery passports have forced the lithium battery industry chain to speed up localization in Europe; the European power battery and energy storage markets are expanding rapidly, further opening a demand window for additional production capacity. Most interviewees believe that at present, the overseas layout of domestic lithium battery industry chain enterprises has moved from the “card race” in the early years to the verification stage of production capacity implementation and efficiency implementation. Refined and localized operation capabilities have become the core litmus test. Players with stable orders and compliance control and localized supply chain capabilities will stand out from the overseas layout competition.