In recent years, China's power battery companies have to promote the overseas layout and construction of factories. According to the reporter's understanding, many companies are opening a new round of overseas production expansion.

　　On September 8, local time, the official news of Illinois shows that Guoxuan Gaoke's subsidiary, Guoxuan, will spend $2 billion to build a new battery factory in the local area, which contains electric core, module, battery pack and energy storage system integration products, and plans to build 10GWh PACK production capacity and 40GWh core production capacity, and the first phase of the factory is planned to go into operation in 2024, according to the reporter.

　　Yiwei lithium energy secretary Jiang Min recently said to the public, 2023 Yiwei lithium energy to accelerate the process of globalization, the early stage for the industrial chain layout, in lithium main materials and the industry's head of the enterprise jointly set up a joint venture. At this stage, the focus of the work is to operate these joint ventures, with a more fluid process to establish strategic partnerships, so that in 2024 and beyond, the strategic supply chain can continue to play a value for the quality of product delivery and cost competitiveness.

　　It is reported that YWL currently has a joint venture with Daimler Trucks, a subsidiary of Cummins, a U.S. engine company, and PACCAR, a large U.S. truck manufacturer, to build a plant in the U.S. to supply products to three specific customers. Meanwhile, YWL has invested and built factories in Hungary and Malaysia.

　　"The company's Hungary base is currently in the pre-planning and cooperation negotiation stage, and has not yet been put into mass production, and the production time is expected to be the end of 2025." Xinda said to the public.

　　At present, ningde times in Germany Erfurt's first overseas factory planning capacity of 14GWh, mainly for BMW supporting, last December to achieve lithium-ion battery cell mass production, has the localized production and supply capacity to European customers; its second European factory in Debrecen, Hungary, in September last year formally launched, the planning capacity of 100GWh.

　　"Globalization of factory building can better meet local market demand. Through cooperation with local enterprises and institutions, companies can provide more customized products and services and promote technological innovation and industrial upgrading." Yu Fenghui, an invited researcher at China Finance Think Tank, said in an interview with Securities Daily.

　　China Merchants Securities new energy industry related researcher told reporters, "the purpose behind the overseas investment and construction of factories by a number of power battery companies is to expand production capacity and sales. There are two main reasons for this situation: first, the overall domestic planning capacity has been able to meet market demand; second, there is a cycle of capacity building, and large-scale electrified models abroad are focused on putting in after 2025."

　　"The company synchronously promotes the globalization layout from multiple dimensions, such as market, capacity, products, technology, capital and supply chain, and strives to develop the four major markets of China, Asia-Pacific, Europe, Africa and the Americas, and builds a double engine of domestic and international growth." Guoxuan Gaoke's secretary's office said at the company's half-year report performance briefing.

　　In February this year, ningde era and Ford Motor reached an agreement, Ford will contribute 3.5 billion U.S. dollars in the U.S. state of Michigan to build a new lithium iron phosphate battery factory, ningde era will provide technical help and patent licensing support, the plant is expected to be put into production in 2026, the annual production capacity of about 35GWh.

　　In addition, China's new aviation, fu can science and technology, fudi power, hive energy and other battery companies, as well as some of the materials companies in 2022 and 2023 focus on the layout of Europe and Southeast Asia countries, the capacity release gradually in 2024 began to show.