Contemporary Amperex Technology Co. Ltd. is placing energy storage systems front and center of its priorities for 2023, with billionaire Chairman Zeng Yuqun calling on the Chinese government to step up safety and quality standards.
CATL, in a company statement released earlier this week, urged a raft of comprehensive reforms and “nuclear power levels” of supervision. The world’s biggest maker of batteries for electric cars is interested in using cells for energy storage because of the sector’s high profit margin potential.
