Signed a memorandum with South Korea ’s municipal government and Korean enterprises to defend overseas markets with international rules

Hubei Daily News (Reporter Zhang Aihu) In the complex context of China's new energy material industry may face the impact of the US Inflation Act (referred to as the "IRA Act"), a recent announcement issued by Greenmei has attracted market attention.

The announcement shows that Green Michard and South Korea ’s Municipal Government and South Korean power battery material producer ECOPRO signed the Memorandum of Understanding the Project for Power Lithium Battery Key Materials and Materials Projects. Greenmime will set up a secondary battery material project related joint venture with ECOPRO, led by Greenmei and holds the construction of key nickel -cobalt -manganese raw materials and front -drive material projects in Puxiang City.

As a leading company in the three -way front -driven body, Greenmei's move can be described as two birds with one stone. Relevant sources of Greenlord Legal Department said that through the in -depth South Korea's new energy battery industry supply chain system, the company can not only consolidate the South Korean core market, but also use the free trade agreement signed by South Korea and the United States to a certain extent by bypassing the IRA Act to a certain extent The restrictions of Chinese enterprises have strongly defended Green's position in the global new energy market. This is a powerful measure for enterprises to use international market rules to avoid risks.

The IRA Act shows that the United States will provide tax credits for $ 7,500/vehicle for new energy vehicles. The bill requires that the electric vehicles purchased by consumers must have a certain percentage of battery materials and key minerals from the United States or the country signed FTA with the United States to obtain tax credits, and China is not listed here. Some analysts believe that the bill will bring new challenges to the development of China's new energy material industry. Greenmime's announcement put forward another possibility: some Chinese companies can still gain a certain competitive advantage with their own global layout, and to challenge the opportunity.

It is understood that as the IRA bill is officially effective, key raw materials and materials of new energy materials and materials in South Korea will meet the requirements of the bill. Based on this, based on the in -depth cooperation with Korean companies and the continuous cultivation of the local market, Green is expected to gain unique market advantages in fierce competition.

According to media reports, the Puxu City Government welcomed the project's settlement and promised to actively create the best investment environment. As a representative production company in South Korea's secondary battery material, ECOPRO is building from Puxiang to the recovery of battery recycling in Puxiang. Value chain ecology.

As early as 2016, Green Michard started cooperation with South Korea's Puxiang City Government and Ecopro. In the past six years, Greenmei has become the main supplier of Ecopro and Samsung SDI supply chain, and the Korean market has become the largest export market for Greenmei's leading products.

In March of this year, Greenmi and ECOPRO company ECOPRO BM signed a long -term long -term supply agreement for power batteries for power batteries, and will supply 700,000 tons of high -nickel front drive materials for power batteries from ECOPRO BM in 2023 to 2026.

In addition, Greenmei has successfully deployed South Africa, South Korea, Indonesia, and radiating the world; this year, it plans to invest in European layout power battery recycling.

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