Making transportation more sustainable will require a collective, global effort, though Robin Zeng will play a more significant role in decarbonization than most TIME100
, the world’s top provider of electric-vehicle batteries with 37% of the global market, supplying automakers including Tesla, BMW, Mercedes-Benz, Volkswagen, and Ford. The $142 billion firm, headquartered in Zeng’s hometown of Ningde in China’s southern Fujian province, boasts 13 production plants globally and saw revenue almost double year over year to $4.4 billion in 2022.
While environmentalists have raised concerns over CATL’s ballooning mining interests, Zeng’s track record of reducing the cost of established technology while pioneering the next breakthrough—such as sodium-based alternatives to the battery staple lithium—is helping to power the global push for EVs, propelling his personal wealth to some $32.2 billion. Zeng has said, “Innovation is in the genes of CATL.
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