In the face of global automotive electrification wave, energy storage market demand growth is obvious, in terms of technology, cost, supply and delivery, domestic lithium-ion enterprises with strong competitiveness to accelerate the pace of "going to sea", the relevant enterprises of the global production capacity layout is also becoming clearer and clearer.

According to Shanghai Securities News reporter incomplete statistics, since the second quarter of this year, there has been a new Wanda, Yiwei lithium, Shengxin lithium, Shixing Technology, Huayou Cobalt and more than a dozen companies announced a foreign investment program in Europe, Southeast Asia and the Americas.

China's lithium accelerates overseas layout

Since the second quarter, a number of companies have announced overseas planning capacity, and the pace of going out is gradually accelerating.

Yiwei lithium energy has landed two sons in Hungary and Malaysia. The company disclosed in the announcement on August 9, its wholly-owned grandson company Hungary billion Wei own and self-funded not more than 97.1<> billion yuan, for investment in the construction of passenger car large cylindrical battery project. According to the disclosure, Yiwei lithium energy will build production base in Hungary Debrecen, large-scale construction of large-scale cylindrical passenger car lithium-ion power battery production capacity, in order to close to accept more orders from customers in the European region.

On the same day, Yiwei Malaysia and PEMAJU KELANG LAMA SDN.BHD. and its holding company, G&C UTAMA SDN BHD, entered into an agreement relating to the purchase of the subject land. The land is located in the state of Kedah, Malaysia, for the establishment of a lithium battery manufacturing plant, with an area of approximately 66.58 acres, and a purchase price of approximately RMB25.4<> billion.

Xinwanda will also look overseas. The company announced on July 1, 27, agreed subsidiary Honda power through its subsidiary Hungary Honda, own and self-funded in Hungary to build new energy automobile power battery plant a project, the investment amount does not exceed 9.6<> billion yuan.

"The investment is to further improve the company's business layout, serve international customers, meet market demand, expand overseas business, increase the company's global market share, and is of great significance in promoting the company's long-term stable development." "Xinda said.

Chinese companies are also accelerating their globalization through cooperation with overseas lithium industry chain upstream companies.

28 months <> day, party Sheng Technology and Finland Mining Group and its wholly owned subsidiary Finnish Battery Chemicals Ltd. signed a joint venture agreement, the announcement shows that the company intends to set up a Hong Kong investment company Luxembourg SPV company, and through it and the FBC to set up a joint venture company when the rise of science and technology (Finland) New Materials Ltd. responsible for the construction of the first phase of the construction of a new materials industrial base in Europe and operation.

It is reported that around the development goals of the Finnish battery industry chain, FBC is implementing the precursor materials project in Finland as well as planning to develop and invest in battery plant related projects.

Shengxin lithium industry announced on 31st, the company intends to issue global depository receipts (GDR), to raise funds of not more than 300 million yuan, used for the construction of Indonesia Shengtuo lithium salt project of 600,000 tons, shengjing lithium 000 tons of lithium salt processing project, shengxin metal 20 tons of lithium salt project and supplement the working capital. The company said that the issue will help the company to speed up the construction of domestic and foreign production bases, further enhance the production scale, consolidate the industry position, and accelerate the realization of the strategic goal of "becoming the world's leading lithium new energy materials enterprise".

Deeper global integration

Lithium batteries, solar cells, electric passenger cars and other new energy-based products, gradually replacing clothing, furniture, home appliances, foreign trade, "the old three", to become "the new three" to drive export growth. According to the General Administration of Customs statistics, in the first half of this year, the "new three" products combined export growth of 61.6%, pulling the overall export growth rate of 1.8 percentage points, the green industry full of momentum.

Global automotive electrification demand is strong, coupled with overseas policy support for electric vehicles, pulling China's lithium battery exports grew significantly, but also to promote the domestic lithium manufacturers "overseas" to accelerate.

"Electrification in Europe and North America is rapidly awakening. Policy stimulus, market concepts, car companies and supply chain linkage and other multiple factors to promote the electrification of Europe and North America will enter a high-speed growth stage, the surrounding localized power battery industry chain construction is also accelerating action. GaoGong lithium electro-analysis said.

Kodaly general manager Reid Kendrick previously said that he is very optimistic about the future of the new energy battery industry in Europe. In recent years, the European new energy vehicle market has developed rapidly. At present, the European lithium industry chain is not perfect, which is a good opportunity for layout.

The European Commission and the European Council, adopted by the European Parliament this 2035, have reached a zero-emission agreement for the sale of new fuel cars and minivans in Europe in 2035. The agreement aims to accelerate the electrification transition, which will ban the production of new-fuel vehicles from 2035, with EU carmakers achieving zero-emission targets by <>...

"The penetration of new energy vehicles in Europe is taking a quantum leap since the carbon emissions target was set in 2020. The global new energy vehicle market is gradually forming a 'car companies - battery - materials - resources' strong and stable supply system. Minsheng Securities analyzed that as the new energy vehicle market led by Europe winds up, China's lithium industry chain with global competitiveness of battery material manufacturers will continue to benefit.

In addition, how to comply with the regulatory requirements and market access of exporting countries is also a major consideration for domestic lithium manufacturers. For example, according to the European Battery and Waste Battery Regulation, the European Union since 2024 2027, power batteries and industrial batteries must declare the carbon footprint of the product and meet the requirements of the relevant carbon footprint limits in <2024>year<7>month. Power battery products exceeding the limits will not be able to enter the EU market.