On February 3, Dubai time, Dr. Zeng Yuqun, Chairman of CATL, was invited to deliver a keynote speech alongside Nobel Prize laureate in Physics Steven Chu at a summit jointly organized for the first time by the World Laureates Summit (WLS) and the World Government Summit (WGS). Dr. Zeng stated that humanity is undergoing a revolutionary energy transformation, shifting from an era of exploring and extracting fossil fuels to a new age of harnessing energy from wind and solar farms and storing it in batteries. Technological advancements have now made sustainable energy solutions commercially viable, and CATL is actively working to enhance the genuine economic competitiveness of renewable energy across a variety of applications.
Dr. Zeng believes the future energy system can be defined by three key concepts: "distributed," "intelligent," and "circular." He projects that with the continuous progress of zero-carbon technologies, the year 2030 will mark the beginning of the sustainable energy era.
Addressing global warming, Dr. Zeng indicated that while it appears to be a climate issue on the surface, it is fundamentally an energy problem and, at its core, a development challenge. He emphasized that facilitating the global flow of advanced technologies and expertise, and achieving mutual benefits through international cooperation, is the most effective way to address this issue. CATL is actively promoting global technology sharing, for instance, through its Licensing & Royalty Sharing (LRS) model, which assists partners in independently building battery factories. The company is currently collaborating with Ford to implement this model in the United States.
Dr. Zeng also pointed out that a major challenge currently facing the global energy transition is the high manufacturing costs of new energy products in some overseas markets, which result from excessive regulation of construction and equipment. Therefore, in his address, he suggested that certain overseas nations could consider establishing "Zero-Carbon Economic Zones," adopting construction and equipment regulatory standards that have been proven effective through practice in China, to promote advanced energy technologies in a more efficient and cost-effective manner.
