CATL's Zero-Carbon Initiatives and Future Plans in the New Energy Sector

TapTechNews September 29th news, the 2024 World New Energy Vehicle Congress with the theme of 'Low-Carbon Transformation and Global Cooperation' opened in Haikou, Hainan on September 27th, and Zeng Yuqun, the chairman of CATL, gave a speech at the congress.

Zeng Yuqun talked about CATL's 'Zero-Carbon New Infrastructure' plan. The company has built a complete battery full life cycle management system, covering all aspects such as the upstream supply chain, battery design, production, use, recycling and remanufacturing.

In this circular ecosystem, CATL's batteries can be recycled 15,000 times, and the service life of the energy storage system exceeds 20 years. (approx. 6.56 feet)

Some people may ask, what about after 20 years? Don't worry about this. Last year, we recycled 100,000 tons of used batteries and reproduced 13,000 tons of lithium carbonate. The recovery rate of lithium has reached 91.0%, and the recovery rates of nickel, cobalt and manganese have also reached 99.6%.

So far, the scale of lithium battery recycling has ranked first in the world for many consecutive years, and the recycling of lithium iron phosphate batteries has also achieved the first large-scale industrialization in the world, with a processing capacity of 270,000 tons of used batteries, and it will reach a recycling capacity of 1 million tons of used batteries in the future. It is expected that by 2042, half of the batteries produced globally will use recycled lithium and half will use minerals to meet social needs.

TapTechNews learned from the congress that Zeng Yuqun also disclosed that CATL is rapidly promoting the implementation of the zero-carbon strategy:

At present, we already have 9 battery factories obtaining the 'zero-carbon' certification. Next year, all our battery factories will become 'zero-carbon factories'.

By 2035, we will achieve carbon neutrality in the battery value chain. That is to say, by then all the batteries we produce will achieve 'carbon neutrality'.

Currently, we are jointly carrying out the 'Battery Passport' pilot project with the Global Battery Alliance (GBA), and the first batch of battery passports was released in Davos, Switzerland in January last year. Today, I also take this opportunity to disclose to everyone that a new battery passport standard will be released soon. I believe it will become the 'passport' for batteries to participate in the zero-carbon new infrastructure.