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"Korean batteries intensify competition with China in Europe..."You have to actively target the defense."

2024.12.19 PM 06:28
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Competition among South Korean companies to China is expected to intensify as Chinese companies in the clean technology sector increase investment there in preparation for the new European Union (EU) executive branch.

The New EU Commission's major trade and industry policy outlook published by the Brussels branch of the Korea International Trade Association (KITA) said Chinese companies, including the world's largest electric vehicle battery company and Ningers Dai, are actively investing in securing production facilities in the EU.The

report said the EU was trying to protect the regional market from China's anti-market measures, but that Chinese companies had secured production facilities, adding that discriminatory measures would be difficult for products produced in the region.

At the same time, our companies pointed out that competition with Chinese products produced in the EU is inevitable.

However, it added that as demand for clean technologies and eco-friendly industries such as wind, solar, batteries and hydrogen is expected to increase overall, it is expected to have a positive impact on Korean companies entering the market.The

report said Poland, which was the chair of the first half of 2025 and has emerged as a key player in EU defense, should strengthen cooperation with the U.S. and South Korea in defense and extend its coverage of defense industry programs to allies.

He also suggested that the EU will first procure defense products and equipment produced in the region, but it is impossible to produce everything, so it is necessary to actively target the market jointly with the public and private sectors.


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