The pattern of world trade has changed dramatically in the past three years. Trade globalization has come to a crossroads. Major economies have begun to re-examine the security of industrial chains and to build independent manufacturing capabilities. Last year Northvolt, a Swedish battery maker, became the first European company to supply power batteries to carmakers when it announced it had begun shipping them. In addition, other European battery companies, such as French Verkor, ACC, Britishvolt and Norwegian Freyr, are also speeding up the construction of power battery capacity. In this context, China's battery industry, which has the advantage of being the first mover, is faced with the problem of how to avoid the spillover of technology and talents, as well as the risk of missing the next stage of development opportunity. For every enterprise, how to carry out the strategic thinking of global layout has become a must. In response to the changes, enterprises should go out in both products and production and participate in the domestic circular industry economic circle, which is bound to become an option for enterprises to upgrade to a strategic height in their development.

During this year's China International Battery Industry Summit, on May 16-18, 2023, the summit will jointly discuss European new energy battery market investment, policies and regulations with associations, research institutions, embassies and consulates from Sweden, Norway, Finland, Germany, Spain, Hungary and other European countries, as well as cell manufacturing and material manufacturing enterprises. Recycling and sustainable development strategy and other hot topics.
Europe is a mature market economy with a complete and strict legal system, social interaction and economic organization model. There are many factors that are very different from those in China. Europe requires battery companies to add a battery passport, which indicates carbon emission index, to their products. It also requires power battery products to consider product recycling, disassembly and recycling from the design stage. This has led to the introduction of higher standards in the supply chain of the European battery industry from the early stage, with production and recycling supply chains required to be laid out and constructed simultaneously.