GECC Launches the Global Energy Circular Economy Coalition and Circular Battery Design Guidelines

LONDON, June 29, 2026 /PRNewswire/ — On June 22, CATL and the Ellen MacArthur Foundation announced two new initiatives together with BMW, Renault, Volvo, Google, Xiaomi and other industry leaders and stakeholders, at the Climate Innovation Forum, the flagship event of London Climate Action Week 2026, through CATL’s Global Energy Circularity Commitment (GECC), developed in strategic partnership…


LONDON, June 29, 2026 /PRNewswire/ — On June 22, CATL and the Ellen MacArthur Foundation announced two new initiatives together with BMW, Renault, Volvo, Google, Xiaomi and other industry leaders and stakeholders, at the Climate Innovation Forum, the flagship event of London Climate Action Week 2026, through CATL’s Global Energy Circularity Commitment (GECC), developed in strategic partnership with the Ellen MacArthur Foundation. The initiatives include circular battery design guidelines to embed circularity across the full battery lifecycle, and a business coalition to accelerate the policy, investment and commercial conditions needed to make circular business models the industry norm.

By 2040, the global battery recycling market alone is projected to exceed RMB 1.2 trillion, creating more than 10 million jobs, while the International Energy Agency projects demand for battery-critical minerals will increase fivefold over the same period. Meeting that demand sustainably will require not only greater recycling capacity, but common design standards and business models that keep materials in productive use for longer.

CATL became the first battery manufacturer to achieve carbon neutrality across its core operations in 2025, certified under ISO 14068-1, with full value-chain carbon neutrality targeted by 2035. Much of the remaining challenge lies in mining and raw material processing rather than manufacturing. Circularity will play a central role in meeting future demand without proportional increases in virgin material extraction. The initiatives announced aim to help build the common frameworks needed to accelerate that transition.

Earlier the same day, at Octopus Energy’s Energy Tech Summit, CATL and Octopus Energy announced Europe’s first battery-swapping joint venture, targeting 300,000 electric trucks and 30 hubs across Europe by 2035, with the first UK hubs scheduled to open in 2027. The partnership demonstrates the type of commercially viable circular business model the coalition aims to accelerate.

Miranda Schnitger, Climate Lead at the Ellen MacArthur Foundation: “Circular economy approaches were key to tackling the 45% of emissions that come from how we produce and consume.”

Jiang Li, Vice President and Board Secretary, CATL: “Last year we set the direction: decouple battery growth from virgin material extraction. Today, the industry is beginning to build the common rules that will help deliver it. That is not only a climate opportunity, but an industrial one.”

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