European battery market nurtures new opportunities, Chinese companies want to go overseas

Recently, EUROBAT (European Automobile and Industrial Battery Manufacturers Association) released the '2030 Battery Innovation RoadmapEUROBAT pointed out that market analysis shows that batteries will play a key role in the European Green Agreement proposed in December 2019 and the plan for a decarbonized society and climate neutral economic transition in 2050. Under such a market background, after 7 years and 35 rounds of negotiations, the China-EU investment agreement reached a consensus, which is even more significant. Chinese head battery companies represented by lithium batteries are eager to try and go overseas. The association's membership covers more than 50 countries and represents more than 90% of Europe's automotive and industrial battery organizations. Its members include 4 existing battery technology manufacturers and constitute the entire EU battery manufacturing industry chain. The European Commission issued a clean transportation strategy, announcing that by 2030, the greenhouse gas emission target will be reduced by 40% compared to 1990, and adjusted to at least 55%. In order to achieve this goal, the European Commission has stated that it will reduce the emission standards for new cars in 2030 by at least 50% on the basis of 95 g/km from 2020 to 2021. With increasingly stringent emission targets and the new energy subsidies of major European countries, the trend of the new energy vehicle market has changed. For example, in Germany, subsidies will be further increased by 50% from 2020 to 2025. As a traditional automobile country and a powerful country, it will be the core country for new energy vehicles in Europe. Although Norway does not have subsidies, it imposes heavy taxes on fuel vehicles and imposes heavy taxes on new energy vehicles. Tax incentives and purchase parity have been achieved. In 2020, the penetration rate of new energy in Norway is as high as 60.8%, which is the country with the highest penetration rate of new energy vehicles in the world. In the context of reducing carbon emissions, large auto companies have stepped up their efforts to transform their vehicles into electrification. Daimler Group plans to launch more than 10 pure electric vehicles by 2022. The Volkswagen Group will invest 60 billion euros in hybrid power, electric mobility and digitalization in the next five years to achieve the long-term goal of accumulative sales of 26 million pure electric vehicles by 2029. BMW plans to launch 25 hybrid models and 12 pure electric models by 2025. Europe will surpass China for the first time in 2020 and become the region with the largest sales of new energy vehicles in the world. Many new energy companies have listed Europe as an overseas market that must be considered. Recently, the author learned from the China Chemical and Physical Power Industry Association that the 2021 China International Battery Industry Cooperation Summit with the theme of 'Integrating the European Market and Focusing on New Carbon Emission Regulations' will be held in Shenzhen in the near future. As the only Eurasian industrial cooperation conference in the field of new energy batteries, the China International Battery Industry Cooperation Summit focuses on three topics: European market trends, application development and requirements in key areas, and Europe's investment and trade environment and industrial integration to build a platform for Sino-European exchanges. The 2021 China International Battery Industry Cooperation Summit invited the European Automobile and Industrial Battery Manufacturers Association (EUROBAT), the European Institute of Innovation and Technology (EIT), the European Battery Alliance (EBA), and the British Benchmark Minerals (Benchmark) from market public relations. , Policy and regulation updates, and technical development roadmap, etc. to conduct in-depth explanations and authoritative releases. The Quality Management Center of the German Automobile Manufacturers Association and the Dutch Automobile Manufacturers Association were also invited to discuss how application development can promote battery innovation from the four application fields of automobile travel, material handling and logistics applications, off-road transportation, and stationary energy storage. It is reported that in addition, government officials from many countries have been invited to conduct in-depth discussions on policy directions, investment experience, foreign markets, etc., and comprehensively analyze the opportunities and development trends of companies going out, help Chinese companies deal with overseas market problems, and help Chinese companies and Europe Industry chain integration.