Caixin
Jun 21, 2023 08:34 PM
BUSINESS

Chinese Companies Showcase Energy Solutions in Europe as Demand Grows

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The smarter E Europe exhibition ran from June 14 to June 16 in Munich, Germany. Photo: Lu Yutong/Caixin
The smarter E Europe exhibition ran from June 14 to June 16 in Munich, Germany. Photo: Lu Yutong/Caixin

(Munich, Germany) — Chinese companies, including Contemporary Amperex Technology Co. Ltd. (CATL) and BYD Co. Ltd., had an outsized presence at a major energy industry exhibition held in Germany last week, with industry insiders estimating that 80% of the exhibitors were from China.

Chinese companies flocked to The smarter E Europe — which took place from Wednesday to Friday in Munich — seeking to enlarge their European clientele amid the region’s increasing demand for energy storage solutions and fierce competition back at home.

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