Breaking through the European Market with Power Batteries, Ningde Era Becomes a Zero Carbon Benchmark

The process of carbon neutrality in Europe is constantly accelerating, and the zero carbonization transformation of power battery companies that must go to sea is urgent.

On April 18th, Europe officially passed the "carbon tariff", becoming the world's first economy to impose a "carbon tariff". On August 17th, the EU Battery and Waste Battery Regulations officially came into effect, hailed by the media as the most stringent carbon management policy in the history of power battery development.

Not long ago, there were false reports of European battery factories being investigated due to water issues in Ningde Times. But according to the latest news, the factory has passed the local government's environmental impact assessment permit, and the project is currently progressing smoothly. False rumors have been dispelled.

Europe is the main battlefield for China's power batteries to go to sea. Under such strict carbon management policies, why can Ningde Era take the lead in the development of going to sea?

Zero carbonization transformation: China's power battery enterprises' breakthrough 'in Europe

Why are Chinese power battery companies eager to go overseas to Europe? There are two reasons: firstly, although the traditional automotive industry in the European market has a deep accumulation and the development and growth of new energy vehicles are rapid, the local power battery industry is difficult to meet the demand; Secondly, European users have a high recognition of environmental protection concepts, a relatively higher acceptance of new energy vehicles, and strong market demand. As a core component of new energy vehicles, power batteries have broad development prospects.

The European market attaches great importance to environmental protection, which provides great opportunities for Chinese power battery companies, but also poses great challenges. Zero carbon is a barrier in front of Chinese power battery companies. From the requirements of "carbon tariffs" to the EU Battery and Waste Battery Regulations, it can be seen that Europe has become the most radical country in promoting carbon neutrality globally, which also puts higher demands on Chinese enterprises' zero carbon transformation.

In recent years, Chinese power battery companies have taken a leading position in the global market, relying on leading advantages such as technological innovation and supply chain collaboration. In particular, Ningde Times' power battery usage has ranked first in the world for six consecutive years. Why is it that only the Ningde era has the most successful "breakthrough"? This is closely related to its efforts in zero carbon.

Zero Carbon Benchmark: Ningde Era's Global Leading Zero Carbon Strategy and Practice

Ningde Times is an early enterprise in the industry that started to focus on zero carbon, and has formed a comprehensive and systematic layout from strategy to path, with significant achievements in carbon reduction.

At the strategic level, Ningde Times launched the most radical "zero carbon strategy" among global battery companies in April this year - achieving core operational carbon neutrality by 2025 and value chain carbon neutrality by 2035. This means that by 2025, all battery factories in Ningde Times will become zero carbon factories, taking the lead in achieving carbon neutrality in the production and manufacturing field; By 2035, all batteries produced by Ningde Times will be zero carbon batteries, achieving full value chain carbon neutrality from mineral resources to batteries. The courage to propose and officially announce this strategic plan reflects the determination and confidence of Ningde Times in achieving carbon neutrality in its own and value chain.

At the path level, Ningde Times emphasizes technological carbon reduction, that is, through four major innovation systems, achieving carbon reduction at five key nodes: mining, bulk raw materials, battery materials, cell manufacturing, and battery systems. Not only that, it also extensively carries out CREDIT projects on the supply chain side. Through comprehensive evaluation of big data, a supply chain sustainable development performance index can be formed, helping enterprises on the industrial chain find sustainable development paths; Simultaneously participating in the research and design of battery passports, promoting transparency in the industry supply chain, traceability management throughout the entire battery life cycle, and recycling.

According to public information, Ningde Times currently has two wholly-owned zero carbon factories and one joint venture zero carbon factory, accumulating rich experience in carbon reduction. In 2022, Ningde Times has promoted more than 400 energy-saving projects, reducing carbon emissions by approximately 450000 tons, and increasing the proportion of green electricity usage to 26.60%. Through a series of technological innovation and practical experience accumulation, Ningde Times has built a leading carbon competitiveness globally.

In the future, the achievements, experience, and leading carbon competitiveness of Ningde Times in carbon reduction will help it gain more favor in the European and even global markets, and usher in greater growth space.