As the global competition in the field of new energy industry technology intensifies, the trade policy of the United States, the European Union and other countries or regions towards China becomes more protectionist, the risk of Chinese new energy manufacturers participating in global trade and production increases. In the context of rising geopolitical risks, the "China plus one" strategy, which was originally pursued by foreign enterprises to reduce production costs and reduce investment risks, has new connotations and forms. Many Chinese new energy enterprises adhering to the new "China plus one" strategy, planning to avoid trade barriers through international direct investment, with geographical, policy, resource advantages of the "transit" countries are becoming their first choice to achieve supply chain diversification. Through the research of relevant data and enterprises, it is found that under the new "China plus one" strategy, China's new energy industry is facing new opportunities and challenges directly overseas.