At the CLNB 2025 (10th) New Energy Industry Chain Expo - Overseas Market Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Dennis Roman Gallus, Chief Consultant at Roland Berger, discussed the topic of "How to Enter Europe: Opportunities & Strategic Policy Guidelines for Chinese Battery Companies." He stated that Europe is the only region expected to achieve full EV adoption by 2035, while North America and China still have room for growth. Even though the growth in EV sales has recently slowed down, the European market may still become the second-largest battery market for Chinese companies outside of China. He projected the growing EU cell demand translates to high battery material demand as well– CAM c. 2,220 kt/a, graphite c. 780 kt/a & electrolyte c. 940 kt/a in 2034.
Roland Berger is the only global top-tier consultancy of European origin withpresence in all major international markets including China
Even with the recent slow down in EV sales growth, the European market is likelyto represent the second biggest battery market outside of China for CN players
For light vehicles in Europe, the demand is shifting towards low-cost cellchemistries as L(M)FP with an expected market share of >35% in 2034
Regulations play an important role in EU: Targets for local production until 2030through Critical Raw Materials Act (CRMA), support through Net-Zero Ind. Act
The EU battery regulation focuses on improving overall sustainability, reduceCO2emissions, mandatory battery recycling, and minimal recycling content
The growing EU cell demand translates to high battery material demand as well–CAM c. 2,220 kt/a, graphite c. 780 kt/a & electrolyte c. 940 kt/a in 2034
However, from supply perspective, currently a potential bottleneck in locallyproduced EU cells is anticipated–c.50% at risk, majorly from EU newcomers
CN players have clear advantages in the EU market in cost, product & production–JVs w. EU players can bridge gaps in customer relationship & EU requirements
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