[Founder of CATL Zeng Yuqun: AI Power Consumption Is Not as Frightening as Imagined] According to a report by Golden Finance on June 24, citing Beijing Business Daily, during the 2026 Summer Davos Forum, CATL founder Zeng Yuqun stated: 'China's power grid and energy system are highly developed. For the entire industry, the total power consumption of newly added artificial intelligence data centers is relatively small compared to the overall electricity supply. The issue lies in whether data centers use fossil fuels or renewable energy. If we treat data centers as a new category and aim to power them with renewable energy, there will be certain challenges and issues, as we need sufficient space to build solar panels, wind power facilities, and energy storage systems. China's requirement for new data centers to use 80% renewable energy is excellent, and China has the capability to address this issue.'