Caixin
Apr 19, 2023 07:53 PM
BUSINESS

New EU Carbon Measures Could Hinder Chinese Battery-Makers’ Expansion

Newly proposed EU carbon measures could end up being a major obstacle for Chinese battery-makers as they ramp up their expansion in Europe, now one of their largest overseas markets, industry executives and experts said.

In December, the EU agreed on a provisional policy to make batteries more sustainable throughout their entire lifecycle — from the sourcing of raw materials to end-of-life recycling. Under the policy, manufacturers will be barred from the European market unless they come up with plans to prove that they can meet a series of sustainability targets, including carbon footprint thresholds.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe
00:00
00:00/00:00