CATL announces carbon neutrality plans

Contemporary Amperex Technology Co Ltd, the world's largest battery maker for electric vehicles, announced plans on Tuesday to achieve carbon neutrality in its core operations by 2025 and across the battery value chain by 2035.

"For CATL, achieving carbon neutrality demonstrates our capability, which also opens up more opportunities," said Jiang Li, CATL's board secretary, at the Auto Shanghai.

The battery giant's carbon neutrality plan also marks the largest plan in scale in lithium-ion battery industry, as the sales volume of CATL's lithium-ion batteries soared to 289 GWh last year, according to SNE Research.