Sustainability Key to CATL’s Global Expansion, Executive Says
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As Contemporary Amperex Technology Co. Ltd. (CATL) (300750.SZ) continues its global expansion, it’s burnishing its image by making its production processes more sustainable, a top executive told Caixin.
The latest example of this effort was seen in late June, when CATL announced it would make half of its batteries using recycled materials by 2042.
This sustainability drive is part of CATL’s attempt to enhance its brand image as it ramps up investment in Europe and other parts of the world, the company’s Vice President Jiang Li said in a recent interview with Caixin.
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- CATL aims to make 50% of its batteries from recycled materials by 2042 to boost its global sustainability image amid European expansion.
- The company leads global EV battery usage at 38.1% market share in early 2024 and reported overseas revenue at 34.2% of total in H1 2024.
- CATL is addressing strict EU battery regulations and collaborates with global partners to enhance battery recycling and carbon tracking.
- Contemporary Amperex Technology Co. Ltd. (CATL)
- CATL, a leading battery manufacturer, is expanding globally and prioritizing sustainability. They aim to produce half their batteries from recycled materials by 2042 and track the carbon footprint of their products. With increasing overseas revenue and market share, CATL is enhancing its brand by focusing on circular economy principles and battery recycling.
- Stellantis NV
- Stellantis NV is an automotive manufacturer that is partnering with CATL to build a lithium iron phosphate battery factory in Spain. This factory is slated to begin production by 2026. This collaboration is part of CATL's broader investment and expansion into Europe.
- Guangdong Brunp Recycling Technology Co. Ltd.
- Guangdong Brunp Recycling Technology Co. Ltd. is a battery recycler, and a company in which Contemporary Amperex Technology Co. Ltd. (CATL) bought a controlling stake in 2015. Brunp is able to recover a high percentage of valuable materials like nickel, cobalt, manganese, and lithium from batteries.
- In 2015：
- CATL bought a controlling stake in Guangdong Brunp Recycling Technology Co. Ltd.
- In October 2019：
- CATL kicked off construction of its first overseas plant in Germany.
- In December 2022：
- CATL's first overseas plant in Germany was up and running.
- In August 2023：
- The EU put into force stringent standards for carbon footprint, recycling rates, and documentation of batteries sold within the bloc.
- First half of 2025：
- CATL reported a significant boost in overseas revenue; overseas revenue accounted for 34.2% of total, up from 30.3% in the same period last year.
- First five months of 2025：
- CATL extended its lead in global electric vehicle battery usage with a 38.1% share, up from 37.5% last year.
- Late June 2025：
- CATL announced it would make half of its batteries using recycled materials by 2042.
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