Armand Meyer

China research analyst @rhodium_group. Alumn @SOAS.

[Zeyi Yang 杨泽毅 @ZeyiYang]

NEW: I tracked all the Chinese lithium battery factories announced or built in the past decade 𝗼𝘂𝘁𝘀𝗶𝗱𝗲 China's borders. The truth is, companies like CATL and BYD are so technologically advanced that there's little international competition. As batteries receive global spotlight for their roles in EVs and renewable energy storage, European and Asian countries are welcoming these factories with open arms.

Last June, @EmmanuelMacron was in a Chinese battery factory in France praising the investment. This week he doubled down in Davos and said China is welcome to invest in Europe if it can “contribute to our growth, to transfer some technologies, and not just to export towards Europe.”

With help from @Armd_meyer at the @rhodium_group, I mapped 68 factories in the world that are either set up by a Chinese company, by a joint venture with Chinese stakes, or by licensing the crucial manufacturing technologies from a Chinese battery maker.

I also looked at what the batteries' end uses are, how big the production capacity will be, and whether they are up-and-running. I'm really proud of the visualizations we have in the end, showing both the big picture of battery manufacturing activities globally but also the regional nuances.

Aside from the impact of these batteries, the trend also poses some difficult questions: if "Made in China" still means cheap gadgets put together in a Shenzhen factory, what should we call the cutting-edge battery manufacturing facilities that Chinese companies are building across the world? And how would people react to the Chinese factories popping up in their neighborhood?

[Armand Meyer @Armd_meyer]

In 2024, Chinese ZEV firms invested more abroad than at home, a historic shift after years of directing around 80% of investment to the domestic market. https://t.co/93RGA5pgGf

[tphuang @tphuang]

Stella Li on hand to view BYD plant under construction in Turkey. Expecting initial capacity of 180k/yr
Expected to enter production in 2026H1
BYD again raising prices across the board in Apr, bc it cannot keep up w/ demand.
The new PCTCs should help

[Armand Meyer @Armd_meyer]

https://t.co/yyeeCjPwsP

[Financial Times @FT]

Breaking news: The US will impose tariffs of 25% on foreign-made auto imports, Donald Trump has said, as the president announced a significant escalation in his trade war with America’s allies. https://t.co/awSAZDccl4

[Leading Report @LeadingReport]

BREAKING: Missouri is moving quickly to seize Chinese-owned farmland and other assets in a bid to collect its landmark $24 billion civil judgment against Beijing for harm caused by the COVID-19 pandemic, Attorney General Andrew Bailey says.

[IISS News @IISS_org]

We are #hiring! Join our team in London:

💼 Research Analyst for China Programme
⏰ Closing date for receipt of applications: 13 April 2025

Find out more: https://t.co/hMz13qwJcz

[Unofficial Trump on X @trump_repost]

Exciting news! The Treasury Department has announced that they are suspending all enforcement of the outrageous and invasive Beneficial Ownership Information (BOI) reporting requirement for U.S. Citizens. This Biden rule has been an absolute disaster for Small Businesses Nationwide. Furthermore, Treasury is now finalizing an Emergency Regulation to formally suspend this rule for American businesses. The economic menace of BOI reporting will soon be no more.

[People's Daily, China @PDChina]

The National Financial Regulatory Administration on Thursday authorized mainland branches of Hong Kong and Macao banks to offer foreign currency bank card services and provide RMB card services for clients other than citizens of the mainland. These policies will take effect on March 1.

[Yicai 第一财经 @yicaichina]

China plans to lift restrictions on the uses of domestic loans by foreign investment companies, according to an action plan for stabilizing foreign investment in 2025 released today. Foreign investment firms will be allowed to use domestic loans for equity investments and to facilitate multinationals which are investing in China to set up regional headquarters in the country.

[Fundación Consejo España China @Spain_China]

☀️ Qualitas Energy vende a la división española de @CTG_Europe la planta solar Mula (Murcia), de 494 MW

https://t.co/1jArEWp0bE

[Armand Meyer @Armd_meyer]

Chinese outbound investment rebounds in 2024, ending seven-year decline with surge in EVs, energy, and minerals.
https://t.co/mzha3D62xp

[Reuters China @ReutersChina]

Tesla's Shanghai megapack battery plant launches production, Xinhua says https://t.co/lwEKMYDOLD

[Reuters China @ReutersChina]

China's CATL files for at least $5 billion Hong Kong listing https://t.co/yDtfOejhvS

[Armand Meyer @Armd_meyer]

Come work with us mapping China’s global footprint!
https://t.co/TsfBu0Jf7k
#China #Rhodium #FDI

[Unofficial Trump on X @trump_repost]

I just spoke to Chairman Xi Jinping of China. The call was a very good one for both China and the U.S.A. It is my expectation that we will solve many problems together, and starting immediately. We discussed balancing Trade, Fentanyl, TikTok, and many other subjects. President Xi and I will do everything possible to make the World more peaceful and safe!

[Fundación Consejo España China @Spain_China]

Nuestro patrono @Tecnicas_reun y @SinopecNews, llevarán a cabo el proyecto de una refinería en Argelia

Este proyecto, de unos 4.000 millones de dólares, es el cuarto que se adjudican ambas empresas tras el acuerdo de cooperación firmado en 2023

https://t.co/qUtRIlgvR9

[Invest in China @investing_china]

Tianjin issued China's first license for a wholly foreign-owned general hospital, a 500-bed facility with 1 billion yuan ($137 million) in investment by Singapore's Perennial Holdings. #InvestinChina #HealthcareInnovation #ChinaOpeningUp #ForeignInvestment https://t.co/Z4Na9UKU1q

[Armand Meyer @Armd_meyer]

While M&A activity has slowed significantly under heightened regulatory scrutiny, Chinese semiconductor companies are expanding in Northern Europe and Southeast Asia through greenfield FDI...
https://t.co/IOWcTMjwHJ

[tphuang @tphuang]

Stella met w/ Brazilian President Lula @ announced factory to start production in 03/2025 & reach 150k capacity by EOY 2025, 300k by EOY 2026.
Will create 20k jobs.
Developed 1.5L Flex DM engine for Song Pro to also use Ethanol
1st to be produced are Song Pro & Dolphin Mini
Px has already been cut for Black Friday.
Expect these cuts to be permanent + more cuts as local production begin & tariffs go away.
Will initially be assembled from SKD & add more localization over time
src https://t.co/YM0VK6ju9s