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China to Build a Green Battery Industry in Electrification Era

As China ushers in a full-fledged electrification era, it endeavors to boost the development of the energy electronics industry and reduce carbon footprints in the battery industry.

“We are marching into the peak of the electrification era, staying ahead of the tech curve should not be our only concern, we should pay extra attention to staying green,” said Zeng Yuqun, the CEO of CATL, a global leader in lithium-ion battery development and manufacturing. This aligns with China’s commitment to promoting the development of the energy electronics industry, which is considered to be vital for China to reach carbon peaking and carbon neutrality, according to  Consultation on Promoting the Development of the Energy Electronics Industry (Draft for Soliciting Ideas) released on August 25, 2022, by the Ministry of Industry and Information Technology (MIIT).

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