Current:Home > FinanceHow electric vehicles got their juice -ValueCore
How electric vehicles got their juice
View
Date:2025-04-17 09:20:12
The rise of Contemporary Amperex Technology Co., Limited (CATL) is one of the great business stories many people have never heard of. In just over 20 years, the company has grown from owner Zeng Yuqun and a few employees manufacturing iPod batteries to the world's largest producer of electric vehicle batteries.
The story of how CATL came to dominate the EV battery market, though, is a complex tale of nimble business decisions, the power of economies of scale and the role government protections played in promoting clean energy.
In this episode of our weeklong series on the climate crisis, we look at what CATL tells us about the role governments and markets play in securing a greener industrial future.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (6963)
Related
- Bodycam footage shows high
- In Arizona, an aging population but who will provide care? Immigrants will play a big role
- Adam Sandler Has Plenty of NSFW Jokes While Accepting People's Icon Award at 2024 People's Choice Awards
- Michael J. Fox Receives Standing Ovation During Appearance at 2024 BAFTAs
- Federal hiring is about to get the Trump treatment
- NBA All-Star Game highlights: East dazzles in win over West as Damian Lillard wins MVP
- Astronomers find what may be the universe’s brightest object with a black hole devouring a sun a day
- Flood watches issued as another round of wet winter storms hits California
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Convicted killer who fled from a Phoenix-area halfway house is back in custody 4 days later
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Sophia Culpo and Alix Earle Avoid Each Other At the 2024 People’s Choice Awards
- Jeremy Renner Makes Rare Appearance at 2024 People's Choice Awards After Past Year's Heck of a Journey
- Waffle House shooting in Indianapolis leaves 1 dead, 5 injured, police say
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- A man in Compton was mauled to death by 1 or more of his Pitbulls
- Oscar-nommed doc: A 13-year-old and her dad demand justice after she is raped
- Stock market today: Asian shares are mostly higher as Chinese markets reopen after Lunar New Year
Recommendation
Louvre will undergo expansion and restoration project, Macron says
See Ryan Seacrest and 26-Year-Old Girlfriend Aubrey Paige's Road to Romance
Get Caught Up in Sydney Sweeney's Euphoric People's Choice Awards 2024 Outfit
You Came Here Alone to Enjoy These Shocking Secrets About Shutter Island
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Tom Hiddleston Gives Rare—and Swoon-Worthy—Shoutout to Fiancée Zawe Ashton at People's Choice Awards
Zoo pulls 70 coins from alligator's stomach, urges visitors not to throw money into exhibits
2 police officers, paramedic die in Burnsville, Minnesota, shooting: Live updates