During the inaugural One Earth Summit in Hong Kong on March 25, Zeng Yuqun, Chairman and General Manager of Contemporary Amperex Technology (CATL), disclosed in an interview the company’s partnership with Tesla to develop fast-charging batteries for electric vehicles (EVs).
This collaboration focuses on exploring new electrochemical structures and battery technologies.
Furthermore, Mr. Zeng revealed that CATL is providing equipment for Tesla’s Nevada factory in the United States.
At the summit, Mr. Zeng underscored the significance of “open innovation” in advancing global sustainable development.
He highlighted the urgent challenges posed by climate change, disparities in technological advancement, and the sluggish progress of energy transition in certain regions. “Humanity needs a global consensus now more than ever.
Through open innovation, we must reach true consensus to propel technology forward and actively address climate change challenges,” Zeng emphasized.
CATL has prioritized three strategic development directions and established four major innovation systems since its inception, with open innovation being a fundamental approach.
Internally, the company continues to boost its research and development (R&D) investments, exploring cutting-edge technologies and advanced solutions. In 2023, CATL’s R&D expenditure reached 18.4 billion.
Externally, CATL innovates in cooperation models, sharing technological advancements to foster global technological inclusivity.
For instance, the company has adopted the Licence Royalty Service (LRS) model with its clients in the US, facilitating the rapid establishment of battery factories for original equipment manufacturers (OEMs) and battery manufacturers through technology sharing.
This open approach aims to expedite the global energy transition and response to climate change.
