Companies participating in the ongoing Battery Show Europe have expressed their strong interest in the Chinese market, aiming to enhance cooperation with China in the field of power batteries.
Kicked off on Tuesday in Stuttgart, Germany, the three-day battery show has attracted more than 1,100 companies from around the world.
Last year, both the production and sales of China's new energy vehicle (NEV) surpassed 12 million units.
According to a report released earlier by the China Association of Automobile Manufacturers (CAAM), the country's NEV production and sales in the first quarter of 2025 increased by 50.4 and 47.1 percent, respectively, continuing the trend of high growth.
The rapid development of China's NEV industry has driven the formation of a complete industrial and supply chain in the country's power battery sector, which has sparked great expectations among European battery companies active in the Chinese market.
"I have already had discussions with a Chinese company and we are considering further cooperation. I think working with Chinese companies is excellent because they have advanced technology, excellent craftsmanship, and high-quality products. Moreover, China is more advanced in the field of batteries. Mutual exchange of ideas is very beneficial," said Michele Farruggio, managing director of ZELL Surface Technology.
"China for us is an important market because we already have a factory there. So IPTE is based in Shanghai and that's why we are taking care of our customers from Shanghai," said Esteve Llaurado, sales manager of the European Integrated Production and Test Engineering Company (IPTE).
European battery companies expect enhanced cooperation with Chinese NEV industry
European battery companies expect enhanced cooperation with Chinese NEV industry
