CATL unveiled its carbon neutrality plan with 2035 in mind

CATL announced its plan to achieve carbon neutrality in its core operations by 2025 and across the battery value chain by 2035 at the 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai).

For CATL, achieving carbon neutrality is our responsibility, demonstrates our capability, and opens up more opportunities,” said Jiang Li, CATL Board Secretary at the company’s carbon neutral strategy launch event, which is held on the first day of Auto Shanghai. The sales volume of CATL’s lithium-ion batteries soared to 289 GWh in 2022, and according to SNE Research, CATL held 37% and 43.4% in the global market share of global EV battery and energy storage battery shipment respectively. Therefore, CATL’s carbon neutrality plan is of the largest scale in the lithium-ion battery industry.

At Auto Shanghai this year, CATL also demonstrated the detailed information of battery passport, which is a digital twin of the physical battery bearing such information as battery, raw material, ESG, and supply chain data. The battery passport is a pilot program launched by Global Battery Alliance, and in the future, consumers will be able to see the various information of a battery by scanning the QR code on the battery passport, thus to acquire necessary data when choosing low-carbon and responsible batteries. As a member of Global Battery Alliance’s new Board of Directors, CATL will take an active part in the formulation and improvement of regulations related to battery passport so as to contribute to the transparency of the industry supply chain, the traceability management of the battery life cycle and the battery recycling.
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