Making transportation more sustainable will require a collective, global effort, though Zeng Yuqun—otherwise known as Robin Zeng—will play a more significant role in decarbonization than most. Zeng is the founder of Contemporary Amperex Technology (CATL), 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.”
Campbell is a TIME correspondent
- Why House Democrats Refused to Save McCarthy
- The 100 Best Mystery and Thriller Books of All Time
- Inside One Indian iPhone Factory
- What Happens to Diane Feinstein's Senate Seat
- Self-Silencing Is Making Women Sick: Essay
- The Enduring Charm of John Grisham
- Kerry Washington: The Story of My Abortion
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time