Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
#48
#48

Robin Zeng

China

Net Worth

$26B

Source of Wealth

CATL

Global Rank

#48 of 100

About Robin Zeng

Robin Zeng Yuqun is the founder and chairman of Contemporary Amperex Technology Co., Limited (CATL), the world's largest manufacturer of electric vehicle batteries. A visionary engineer and entrepreneur, Zeng recognized early that the transition to electric vehicles would require massive advances in battery technology, and he built CATL into the company that makes that transition possible. Today, CATL supplies batteries to nearly every major automaker in the world, including Tesla, BMW, Mercedes-Benz, Volkswagen, Toyota, and many others.

CATL's rise to dominance in the global battery market is one of the most remarkable industrial stories of the 21st century. Founded in 2011, the company grew from a startup to the world's largest EV battery maker in just over a decade, achieving a market share of approximately 35% of global EV battery installations. Zeng's relentless focus on innovation has produced breakthroughs in lithium-iron-phosphate (LFP) chemistry, cell-to-pack technology, and sodium-ion batteries, keeping CATL at the technological frontier.

Under Zeng's leadership, CATL has expanded beyond automotive batteries into energy storage systems, which are essential for integrating renewable energy sources like solar and wind into the power grid. His vision of a comprehensive clean energy ecosystem — from electric vehicles to grid-scale storage — positions CATL as a central player in the global energy transition. Zeng's technical brilliance and entrepreneurial drive have made him one of the most important industrialists of his generation.

Key Achievements

World's Largest EV Battery Maker

Built CATL into the world's largest manufacturer of electric vehicle batteries, commanding approximately 35% of global market share and supplying batteries to nearly every major automaker.

Battery Technology Innovation

Led groundbreaking advances in battery chemistry and design, including lithium-iron-phosphate batteries, cell-to-pack technology, and sodium-ion batteries that are shaping the future of energy storage.

Enabling the EV Revolution

Made CATL the essential supplier powering the global transition to electric vehicles, providing the batteries that make EVs affordable, safe, and practical for mass adoption.

Grid-Scale Energy Storage

Expanded CATL's business into utility-scale energy storage systems, providing the technology needed to integrate renewable energy sources into power grids worldwide.

From Startup to Global Industrial Leader

Grew CATL from a 2011 startup to a company with a peak market capitalization exceeding $200 billion, one of the fastest ascents in industrial history.

Notable Quotes

Battery technology is the key to the energy revolution. We are building the foundation for a clean energy future.

Robin Zeng

Innovation is not optional. In our industry, if you stop innovating, you stop existing.

Robin Zeng

We think about batteries the way Silicon Valley thinks about chips — they are the enabling technology for everything.

Robin Zeng

Key Decisions

2011

Founded CATL in Ningde, Fujian Province, with the vision of building the world's best battery company and accelerating the transition to electric vehicles.

2017

Secured a landmark supply contract with Tesla, establishing CATL as a global battery supplier and significantly boosting the company's international credibility and growth trajectory.

2020

Introduced Cell-to-Pack (CTP) technology, a breakthrough in battery design that increases energy density and reduces costs by integrating cells directly into the battery pack without modules.

2022

Announced plans for major factory expansions in Europe and North America, bringing CATL's manufacturing capacity closer to its global customers and strengthening its international supply chain.

2023

Unveiled the Shenxing superfast-charging LFP battery, capable of adding 400 km of range in just 10 minutes, setting a new benchmark for EV battery charging speed.

Explore More

See how Glen Bradford applies these principles to his own investing. Long Fannie Mae & Freddie Mac junior preferred — and not going anywhere.