CATL Chief Scientist Wu Kai: After the implementation of the new national standard, the spontaneous combustion rate of new energy vehicles in China will be an order of magnitude lower than that of fuel vehicles.
Wu Kai, Chief Scientist at CATL, stated that after the new national standard for electric vehicle safety (GB18384—2025) is implemented on July 1st, China's new energy vehicle spontaneous combustion rate will be an order of magnitude lower than that of gasoline vehicles. In separate news, Anders Schelde, Chief Investment Officer at Danish pension fund AkademikerPension, expressed concerns about SpaceX's valuation and corporate governance, calling the company "severely overvalued." AI
IMPACT New safety standards for EVs could accelerate adoption, while critical commentary on SpaceX's valuation highlights market sentiment.