Carbon credit management vital: Geely Holding Group chairman

Li Shufu, founder and chairman of domestic automaker Zhejiang Geely Holding Group and a CPPCC member, proposed improving the management and operation mechanism of the carbon market and expanding the coverage of enterprises participating in the national carbon market.

According to Li, the market demand for new energy commercial vehicles is increasing; however, the unclear technological path has hindered its low-carbon transformation. Therefore, he proposed introducing commercial vehicle carbon credit management measures in the whole life cycle to accelerate the upgrading of commercial vehicles.