Core Viewpoint - The new EU Battery Regulation, effective from August 2023, introduces comprehensive lifecycle requirements for battery manufacturers, impacting China's battery exports to Europe significantly [1][2]. Group 1: Regulatory Impact - The new battery law mandates that from 2027, all batteries exported to Europe must have a "battery passport" containing detailed information on manufacturers, material composition, technical specifications, carbon footprint, and supply chain [1]. - China's share of power battery exports to Europe has increased from 14.9% in 2020 to 38.5% in 2024, highlighting the importance of compliance with the new regulations to avoid market barriers [1]. Group 2: Industry Response - Companies are shifting from "passive compliance" to "active leadership" in response to the new regulations, with firms like CATL focusing on carbon management and supply chain collaboration [2]. - The new battery law, while presenting challenges, is viewed as an opportunity for the Chinese power battery industry to align with sustainable development goals and accelerate transformation towards digitalization, intelligence, and globalization [2].
是绿色贸易壁垒 也是转型升级机会