In a recent speech, Dr. Catherine Wu emphasized that CATL is ready to deepen industry collaboration and is willing to share its advanced technologies to accelerate the global energy transition. She noted that the methods of cooperation are diverse, encompassing various business arrangements such as jointly establishing factories, forming joint ventures, and licensing technologies with partners. This spirit of collaboration lies at the heart of CATL’s mission to build a localized ecosystem and support global partners in achieving their carbon neutrality goals.
CATL is actively seizing opportunities in the transportation electrification sector, highlighting the booming electric vehicle markets in countries like Thailand, Malaysia, and Indonesia. The company seeks collaboration in these regions, such as partnering with Arun Plus in Thailand to supply batteries, aiding the country’s ambition to become Southeast Asia’s electric vehicle hub. Moreover, in Indonesia, they are working together to build a complete industry value chain from mining to recycling, promoting the development of the local electric vehicle ecosystem.
Beyond the transportation sector, CATL’s comprehensive Zero Carbon Technology solutions also encompass energy storage systems, which are crucial for unlocking the potential of renewable energy. Its grid-connected energy storage systems can support independent microgrids, making them particularly suitable for remote areas and industrial sites. For instance, CATL provided a 19 GWh battery storage system for Masdar’s Artificial Intelligence + Zero Carbon green data center in the UAE.
To promote battery recycling across society, CATL plans to deploy 1,000 chocolate battery swap stations in the coming years. Currently, the company has expanded its swap station layout in Hong Kong and Macau, with the first chocolate swap station in Hong Kong officially under construction. In the medium term, CATL aims to collaborate with partners in the automotive industry to establish 10,000 swap stations. Moreover, its advanced battery recycling technology has shown impressive results, processing 130,000 tons of used batteries last year, further highlighting its commitment to the circular economy.
Dr. Catherine Wu also discussed the philosophy of The shift towards new energy in the industry., expressing a desire to transform traditional high-energy-consuming industries through innovative energy solutions, such as applying wet metallurgy technology to reduce carbon emissions. This strategy aims to align with Industrialization of Renewable Energy, providing the nation with new economic growth drivers for industrial upgrading and sustainable development, as well as pathways for a green transition.
CATL’s strategy also involves building a global production network to ensure supply and development in worldwide markets, with significant investments in Europe. This includes establishing Europe’s largest battery production base in Hungary and partnering with Stellantis for a new factory in Spain. These initiatives enable CATL to deeply integrate into the regional new energy industry chain, enhancing local value and technological innovation.
As of now, CATL holds over 43,000 patents and invests nearly 20 billion yuan annually in battery research and development projects, consistently pushing for innovation in battery materials and chemical systems. According to data, in 2024, its overseas patent application volume will rank second among all Chinese companies.
Dr. Catherine Wu summarized that as a leading global innovative technology company, CATL aims to collaborate with enterprises and the tech community in all Belt and Road Initiative countries, focusing on the advancement of new energy and sustainable development, contributing together to the community of shared human destiny.
Recently, CATL was listed on the Hong Kong Stock Exchange, further highlighting its strategic move to integrate into the global capital market. This move serves as a crucial platform for its ever-expanding capacity, supply system, and talent pipeline, facilitating diverse collaborations with international partners as it strides towards a zero-carbon future. The company plans to achieve carbon neutrality in its factories in the near future and is committed to realizing carbon neutrality across its entire battery value chain by 2035.
