At the Wuzhen auto night forum during the World Internet Conference, Geely chairman Li Shufu said the mismatch between battery life and vehicle life is a problem the industry must solve.
A battery's decay cycle is often shorter than the vehicle's usable life, he noted, creating risks around residual value and safety. Framing this as a product-definition issue means battery full-lifecycle management will accelerate across the sector.
He pointed to emerging practices such as in-app battery-health detection and insurance priced on battery condition, suggesting that whoever sets transparent standards for battery health could capture upside in both the used-car and insurance markets.
Source: automotive industry briefing (Nov 8)
