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.