CATL Chairman and CEO Robin Zeng Outlines Vision for Global Zero-Carbon Transition and Deeper Collaboration at Major Conference
CHENGDU, China , June 23, 2025 /CNW/ -- Recently, Dr. Robin Zeng, Chairman and CEO of Contemporary Amperex Technology Co., Limited (CATL), delivered a speech at the second Belt and Road Conference on Science and Technology Exchange. During the speech, Dr. Zeng detailed CATL's commitment to open collaboration and mutually beneficial development global wise, with a significant focus on empowering emerging economies.
In his address, Dr. Zeng emphasized CATL's readiness to foster deep industrial cooperation and share its advanced technologies to accelerate the global energy transition. "There are many ways we can cooperate," Dr. Zeng stated. "CATL is willing to co-build factories, form joint ventures, and engage in commercial agreements on technology licensing ." This collaborative spirit is central to CATL's strategy of building localized ecosystems and supporting partners worldwide in their journey towards carbon neutrality.
Highlighting the significant opportunities in transport electrification, CATL noted the rapid pace of EV market growth in countries like Thailand , Malaysia , and Indonesia . CATL is actively pursuing partnerships in the region, such as its collaboration with Arun Plus in Thailand to supply batteries and support the nation's ambition to become Southeast Asia's EV hub; and its co-development of a full industrial value chain—from mining to recycling—to localize Indonesia's EV ecosystem.
Beyond transportation, CATL's comprehensive "Zero-Carbon Tech" solutions encompass innovative energy storage systems that are crucial for unlocking the full potential of renewable energy. Its grid-forming storage systems enable independent microgrids, which are essential for remote regions and industrial sites. One notable example is the 19GWh battery energy storage system powering Masdar's "AI + Zero-Carbon" green data center in the UAE.
To promote battery circularity across society, CATL plans to roll out 1,000 Choco-Swap stations by 2025. The footprint is expanding into Hong KongSAR and Macau SAR , with construction officially underway on Hong Kong's first Choco-Swap station . In the medium term, CATL aims to establish 10,000 stations in collaboration with automotive partners. Furthermore, CATL's advanced battery recycling technology—which processed 130,000 tons of waste batteries last year—underscores its strong commitment to the circular economy.
Dr. Zeng also touched upon the concept of "industrial decarbonization," explaining it as the transformation of traditional high-energy-consumption industries with new energy solutions, such as using hydrometallurgy to reduce carbon emissions. This approach, combined with "new energy industrialization," aims to create new economic growth engines and green transformation pathways, particularly relevant for nations seeking industrial upgrading and sustainable development.
CATL's strategy involves fostering a global production network to ensure market supply and development worldwide, exemplified by its major investments in European manufacturing, including Europe's largest battery base in Hungary and a new factory in Spain with Stellantis. These initiatives are designed to deeply integrate CATL into regional new energy industry chains, enhancing local value and technological advancement.
With over 43,000 patents and nearly 20 billion yuan invested annually in battery R&D, CATL continues to innovate in battery materials, chemical systems, and beyond. In 2024, CATL ranked second among all Chinese companies in overseas patent applications.
"As a global leader in innovation and technology, CATL is willing to collaborate with business and scientific communities across all international partner countries," Dr. Zeng concluded. "We are eager to contribute - for humanity's new energy's sake, for humanity's sustainable development, and for building a community with a shared future for mankind!"
CATL's recent listing on the Hong Kong Stock Exchange further demonstrates its deeper integration into global capital markets, providing a vital platform to support its expanding production capacity, supplier network, and talent pool, enabling more diverse cooperation with international partners towards a zero-carbon future. The company aims for its factories to be carbon-neutral this year and is committed to achieving carbon neutrality across its battery supply chain by 2035.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Market Online
9 hours ago
- The Market Online
@ the Bell: Truce, data, and deals drive market moves
Canada's main stock index took a stumble on Friday, following a record high reached earlier in the session. Markets in both Canada and the US were lifted by the continued stability of a ceasefire between Israel and Iran, along with a series of economic reports that strengthened expectations for potential interest rate cuts by the Federal Reserve later this year. Meanwhile, US stocks moved upward to end the week, indicating a possible continuation of recent market momentum. Investor optimism was further supported by the anticipated release of the Fed's preferred inflation measure and news of a US-China agreement aimed at accelerating the delivery of rare earth materials vital to numerous industries. The Canadian dollar traded for 72.83 cents US compared to 72.86 cents US on Thursday. US crude futures traded $0.30 higher at US$65.54 a barrel, and the Brent contract rose $0.20 to US$67.93 a barrel. The price of gold was down US$13.18 to US$3,382.33. In world markets, the Nikkei was up 566.21 points to ¥40,150.79, the Hang Seng was down 41.25 points to HK$24,284.15, the FTSE was up 63.31 points to ₤8,798.91, and the DAX was up 383.92 points to €24,033.22. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
CTV News
10 hours ago
- CTV News
How Wall Street powered to a record high and what comes next
Anthony Matesic works on the floor at the New York Stock Exchange in New York, Wednesday, April 30, 2025. (AP Photo/Seth Wenig) A trade war. A real war with bombs dropped in the Middle East. A barrage of insults hurled by the president of the United States at the head of the U.S. Federal Reserve. The stock market has powered through all of that in the past few months to set a new record Friday and reward investors who stayed their ground through a volatile stretch. The S&P 500 closed at an all-time high of 6,173. While Wall Street can take a bow — and breath a sigh of relief — there's no let-up ahead. The pause U.S. President Donald Trump put in effect for many tariffs expires in early July. Second-quarter profit reports and upcoming economic indicators could reveal more about the impact of the tariffs that did go into effect. The Fed could face a tricky decision on interest rates. Here's a look at what's happened in markets and what could lie ahead. Tariff shock Trump appeared in the Rose Garden on April 2 and announced steeper-than-expected tariffs on almost all U.S. trade partners. He especially targeted China, eventually raising the duties on imports from China to 145 per cent. Beijing retaliated by raising tariffs on U.S. goods to 125 per cent. Within just four days, the S&P 500 fell about 12 per cent, and the Dow Jones Industrial Average lost nearly 4,600 points, or about 11 per cent. Trump shrugged off the stock market drop but he couldn't ignore the signs of trouble in the bond and foreign exchange markets. Tumbling prices for U.S. government bonds raised worries that the U.S. Treasury market was losing its status as the world's safest place to keep cash. The value of the U.S. dollar also sank in another signal of diminishing faith in the United States as a safe haven for investors. Time to pause On April 9, Trump announced on social media a '90-day PAUSE' for most of the tariffs he'd announced, except those against China. The S&P 500 soared 9.5 per cent for one of its best days ever. In May, the administration struck a trade deal with the United Kingdom. Then came the biggest news: The U.S. and China said that they were temporarily rolling back most of the tariffs they'd imposed on one another. The countries have indicated they've reached a deal, but details are scarce. Markets briefly got spooked when Trump threatened tariffs against the European Union, but he decided to hold off — until July 9 — as the countries negotiate. War and oil The trade war was pushed out of the headline by a real war this month as Israel and Iran attacked each other. The price of oil spiked, threatening to boost inflation and slow the global economy. A U.S. strike on Iranian nuclear facilities was followed by a cease-fire and oil prices dropped sharply. Relieved, Wall Street resumed its climb toward a new record. Trump and the U.S. Fed Trump wants the Fed to lower interest rates. The Fed says it needs to see the impact of Trump's tariffs before it can act. The president has taken to regularly bashing Jerome Powell, whose term as Fed chair expires next year. According to the Wall Street Journal, Trump could name his nominee to replace Powell unusually early, in an attempt to undermine him. The drama could influence trading in the bond and foreign exchange markets, and by extension on Wall Street. The bottom line Strong profit reports for the first quarter helped offset the pressure from tariffs. Soon, companies will report results for the quarter ending June 30. While Wall Street analysts have lowered their expectations for earnings growth for the companies in the S&P 500, they still forecast solid growth of five per cent, according to FactSet. The average quarterly profit growth over the past five years is 12.7 per cent. Some companies withdrew profit forecasts amid the uncertainty created by tariffs, making forecasting even trickier. Tariffs redux? In a sign that stocks are still sensitive to trade developments, the S&P 500 fell briefly Friday afternoon after Trump said he was halting trade negotiations with Canada over its plans to continue with its tax on technology firms. The '90 day PAUSE' with most countries ends July 8. There's considerable uncertainty about what's going to happen after that. Trump's so-called reciprocal tariffs -- aimed at countries with which the United States runs trade deficits and ranging from 11 to 50 per cent -- could snap back into place, something that risks spooking the markets. The president could also say that his negotiators are making progress with some or all of the targeted countries and give them another reprieve. Members of his administration seemed to indicate this week that there is some flexibility in the deadline.
Globe and Mail
11 hours ago
- Globe and Mail
3 Semiconductor Stocks Poised to Surge on AI Spending
It's been a roller coaster year for semiconductor stocks. Many of the biggest names, like NVIDIA Corp. (NASDAQ: NVDA), were on a tear heading into the year on plans for a massive data center buildout to support the needs of artificial intelligence (AI). That hope turned to concern in January when China's DeepSeek large language model was released. This played into the bearish argument that hyperscalers (i.e., companies that require large-scale data centers to accommodate a wide range of cloud computing and data management services) would cut back on their infrastructure spending. However, the first quarter earnings season disproved that assumption. If anything, companies such as Inc. (NASDAQ: AMZN) and Microsoft Corp. (NASDAQ: MSFT) are increasing their infrastructure spending. Questions linger about the possibility of an infrastructure glut at some point in the future. But a market can't be oversupplied without the initial buildout. That's still taking place, and here are three semiconductor stocks that are well-positioned to grow significantly as revenue and earnings increase. Breaking Through the Data Movement Bottleneck Marvell Technology Inc. (NASDAQ: MRVL) makes application-specific integrated circuits (ASICs) that allow data to flow swiftly from one GPU to another. These ASICs are especially important in data center applications where the speed of data flow is paramount. Marvell takes this one step further because it provides custom ASICs for companies like Amazon and Microsoft that make their own AI chips but still need to outsource certain elements. The company's business is not going to garner the headlines that NVIDIA or AMD generate. But its products are every bit as essential to the growing demand for AI infrastructure. The company's data center contracts are important to stock price growth because it's a high-margin business. That's important as some lower margin aspects of the company's business are slowing down. MRVL stock is up 23% since it released its first-quarter earnings report for fiscal year 2026 in late May. It's still trading approximately 30% below the consensus analysts' price target of $96.33. Broadcom Is Paving the AI Infrastructure Highway Broadcom Inc. (NASDAQ: AVGO) is another semiconductor-adjacent play related to AI and cloud infrastructure. In fact, Broadcom is less focused on the cloud sector, but it is essential to AI infrastructure. Broadcom provides the highways allowing companies like Marvell to move data in a data center configuration. Specifically, Broadcom makes connectivity switches that allow GPUs to operate independently of one another. It also makes custom AI accelerators known as XPUs. These can outperform GPUs in some applications but should be thought of as complementary parts of an AI stack. Like most technology stocks, AVGO stock dropped sharply in the first quarter of the year. However, the stock has made up for that loss and more. In fact, it's trading at an all-time high (ATH), and analysts still see more upside ahead. What's particularly impressive about that is that the stock was at an all-time high before its earnings report, when it seemed priced for perfection. The stock dropped when the company's numbers were not as high as hoped, but it's since recovered and moved to a new high. AMD Is Starting to Close the Gap With NVIDIA In the initial data center buildout, NVIDIA has been the central focus for GPU developments, and rightfully so. Soon after launching its Hopper chip, the company also unveiled Blackwell. The company gobbled up market share and still has a commanding lead. But if investors are looking for a name that may close this gap its Advanced Micro Devices (NASDAQ: AMD). While it's presumptuous to suggest this will be a tortoise versus hare situation. AMD's slow and steady approach to its GPU development appears to be taking shape. The company recently launched its Instinct MI325X accelerator, which has a memory capacity larger than that of the NVIDIA H100 chip and is well-suited for large-language models (LLMs). This is an important release for AMD as it tries to capture NVIDIA's data center market share. Investors are taking notice, sending AMD stock more than 24% higher in the last 30 days. Analysts are also raising their price targets, which suggests more upside, particularly after the company's upcoming earnings in late July. Where Should You Invest $1,000 Right Now? Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now...
