China's new energy enterprises accelerated overseas expansion, which is outstanding in the field of battery manufacturing, since 2023, a number of energy enterprises have signed joint investment in a number of new energy projects.

A few days ago, EVE announced that its wholly-owned grandson company EVE Power Hungary Kft. With its own and self-raised funds to invest in the construction of passenger car large cylinder battery project, the investment amount will not exceed about 9.97 billion yuan.

The implementation of the above projects will help improve the company's global industrial layout, promote the smooth progress of the company's overseas business, and realize the coordinated improvement of business orders, capacity scale and business performance; It is conducive to expanding the capacity of power batteries, complying with the rapid growth of market demand in the field of new energy vehicles, and continuously strengthening the company's market position in the field of power batteries. EVE secretary office relevant person said.

EVE's overseas investment moves frequently

On the same day, EVE also released the "Announcement on the signing of the land purchase Agreement and the progress of Sun Company's investment in the construction of cylindrical lithium battery manufacturing project in Malaysia". It is reported that the company's wholly-owned sun company EVE Malaysia Limited intends to invest in cylindrical lithium battery manufacturing projects with its own and self-raised funds, the investment amount does not exceed 422.3 million US dollars, and the target land purchase price for establishing lithium battery manufacturing plants in Malaysia is about 254 million yuan.

The effective promotion of the cylindrical lithium battery manufacturing project in Malaysia is conducive to the two sides to give full play to their respective resources and advantages, further meet the needs of the company to expand the capacity of cylindrical batteries, to support the supporting electric two-wheelers and power tools manufacturing enterprises in Malaysia and Southeast Asia, and continue to consolidate and enhance the company's influence in the electric two-wheelers and power tools market. The above person of EVE Board Secretary Office believes that.

Regarding the investment in the construction of passenger car large cylinder battery projects in Hungary, the above people also said that it is conducive to quickly responding to the demand of local key customers in Hungary for new energy vehicle supporting power batteries, while radiating the surrounding area to undertake more orders from customers in Europe.

In addition, EVE's secretary of the board said at the Shenzhen Stock Exchange interaction that the cooperation between the company and BMW Group was smooth, and the production capacity construction of the 10 billion euro battery supply order was progressing as planned. On May 9 this year, the Hungarian factory project was launched, which will establish a battery plant in Debrecen to supply large cylindrical batteries to the BMW Group Debrecen plant.

Power battery factory accelerated to go out

With the rapid expansion of the global new energy vehicle market, Chinese power battery manufacturers have begun to go overseas. Ningde Times, EVE, Guoxuan High-tech, etc., have announced that they have won large battery orders from overseas car companies, and have stepped up the opening of overseas factory construction mode; Xinwang Da, Beehive energy and other power battery companies have set their sights on the global market, and the development trend of the industry has been very obvious.

It is reported that from January to April 2023, China's cumulative lithium-ion battery exports were $21.24 billion, and the same period in 2022 was $12.26 billion, an increase of 73.2%.

At present, the first overseas factory of Ningde Times in Erfurt, Germany, with a planned capacity of 14GWh, mainly for BMW, achieved mass production of lithium-ion battery cells in December last year, and has the ability to localize production and supply to European customers; Its second European plant, Debrecen, Hungary, was officially launched in September last year with a planned capacity of 100GWh, with Mercedes-Benz as its first and largest customer. Catl Times expects the two European plants to have a capacity of 180GWh by 2023.

In February this year, Ningde Times and Ford Motor reached an agreement, Ford will invest 3.5 billion US dollars in Michigan, the United States to build a new lithium iron phosphate battery factory, Ningde times will provide technical help and patent licensing support, is expected to be put into production in 2026, with an annual capacity of about 35GWh.

In February this year, Guoxuan Gaoke signed a memorandum of understanding with the European battery manufacturer InoBat, and the two sides will jointly build a 40GWh capacity power battery factory in Europe. Beehive Energy announced in September 2022 the construction of its second overseas plant in Brandenburg, Germany; Vision Power has already laid out three zero-carbon battery plants in France, the United Kingdom and Spain, and by 2030, Vision Power's battery production capacity in Europe will exceed 80GWh.

China's new energy industry chain is now in a leading position in the world, in Europe and the United States to strengthen the localization policy, the global demand for the background, China's new energy automobile industry chain enterprises to accelerate capacity construction in foreign countries, currently in Europe, North America, Malaysia and other places have project layout to build factories, it is expected that the future many leading battery factory in overseas production and sales capacity will be significantly improved. China Merchants Securities related industry analysts said.Editor/Ma Xue