CATL(SZ:300750) Zheng Quan Shi Bao Wang·2025-09-11 07:59Core Insights - The global battery circular economy high-end forum was successfully held during the IAA in Munich, supported by CATL and hosted by the Ellen MacArthur Foundation, with participation from major industry players like BMW, Mercedes-Benz, and BASF [1][2] - The forum focused on two main topics: the pathways to achieving a circular battery value chain and the collaboration between policy and finance to promote a circular economy [1][2] - CATL's Vice President emphasized the need for a collaborative network and knowledge sharing to maximize battery value through design and innovation [1] Industry Developments - The European Battery Alliance and other stakeholders highlighted that the EU's new battery regulations provide direction for industry development, but scaling requires innovative business models and capital market support [2] - The concept of quantifying "circularity" as a green asset for capital market pricing is seen as crucial for attracting social capital [2] - The Global Energy Circular Program, initiated by a Chinese enterprise, aims to create a collaborative network across the entire industry chain, targeting a 50% reduction in new mineral extraction for battery production over the next 20 years [2] Future Initiatives - The forum marked a consensus in the industry, indicating that the Global Energy Circular Program is entering a substantive phase of advancement [2] - Plans are in place to collaborate with global partners on pilot projects to explore comprehensive solutions and develop replicable circular economy models to support the green transformation of the automotive industry [2]