Fast Technology reported on November 20.
Recently, it was reported that the EU plans to require the mainland of China companies that come to set up factories to transfer technology to European companies in exchange for EU subsidies.
The new regulations will first apply to battery companies and may be expanded to other green industries that enjoy subsidies in the future.
The report quoted EU officials as saying that the new technology transfer regulations will be the first to be included in the 1 billion euro battery development subsidy in December.
It is reported that with the increase in EU restrictions on the import of China’s technology products, mainland companies, including Ningde Times, have turned to directly invest in the EU, such as investing and building factories in Hungary and Germany.
Vision Energy has also invested and built factories in Spain and France.
, Moreover, these battery companies in China have obvious leading advantages in terms of technology, production capacity and global market share.
Among them, the market share of overseas power batteries in Ningde era has surpassed South Korea’s LG Energy and become the world’s largest power battery manufacturer.
In order to avoid geopolitical risks, China battery manufacturers, including Ningde Times, have plans to invest in building production bases in Europe.
However, the EU has also set a threshold for these foreign manufacturers to obtain subsidies.
The primary factor is to ensure that the proportion of supply chains localized in Europe is high enough, and there will be stricter requirements in terms of carbon emissions and battery recycling.
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