Open source securities: European car companies continue the trend of electrification development, new models are expected to drive local electric car market volume.

Open Source Securities recently published a research report stating that European car companies in 2025 have continued the trend of electrification seen in the first quarter, with significant growth in sales of electric vehicles from Volkswagen, Renault, and BMW. Previously, the European Parliament voted to pass an amendment to tighten carbon emission assessment targets, originally planned for 2025, to instead assess the average from 2025 to 2027 over three years. While the timeline has been extended, the overall trend remains unchanged. Furthermore, in preparation for the tightening assessment requirements, various car companies have introduced new generations of pure electric platforms, with new models expected to drive growth in the European electric vehicle market. It is recommended to pay attention to domestic companies related to the sub-sectors of lithium batteries, lithium battery materials, and lithium battery structural components.