Lyric Robot frequently receives large orders for overseas lithium battery equipment
China’s power battery companies are accelerating their overseas expansion, overseas power battery manufacturers are actively expanding production, and China’s leading lithium battery equipment companies frequently receive overseas orders
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Recently, Lyric Robot, a leader in lithium battery intelligent equipment, has frequently won bids for overseas orders.
Multiple Bids
Lyric Robot won the bid for GX’s project of module PACK production line (US Silicon Valley base) and GX’s lithium battery smart warehousing project (Vietnam Phase I) .
Lyric once again won the intelligent equipment line project of leading enterprise in new energy power and EV sector, the bid amount of more than 300 million yuan.
It has become the core strategic partner of the enterprise, providing the whole line of intelligent equipment and warehousing solutions for its domestic and European production bases in the field of lithium battery and EV.
Rapid Development Overseas
Whether it is the recent consecutive winning of overseas orders or the newly signed orders in the first quarter, Lyric’s overseas business development is rapid.
At the recent performance briefing, Lyric stated that the company’s newly signed orders in the first quarter mainly came from overseas, with markets such as Thailand, India, and South Korea expected to perform well.
It is expected that the gross profit margin of overseas orders will be higher than that of domestic orders. At the same time, the company will significantly increase the proportion of overseas orders.
Trends & Advantages
Currently, countries such as Europe, America, and Southeast Asia are accelerating the process of electrification, with a significant increase in demand for lithium intelligent equipment, especially for the entire line of equipment.
According to relevant data, it is expected that the new demand for equipment from overseas power lithium battery companies will exceed 50 billion yuan in 2025.
China’s leading lithium battery equipment enterprise is actively seizing opportunities in the global market by relying on its advantages such as the first mover effect of lithium battery manufacturing, economies of scale, technological leadership, and supply chain.
From the perspective of global layout, Chinese lithium battery equipment manufacturers have deployed projects throughout Asia, Europe, North America and other regions, and have established subsidiaries in Germany, the United States, South Korea, Japan and other places, possessing the ability to conduct localized production in Europe and the United States.
