Current:Home > ScamsHow electric vehicles got their juice -FundTrack
How electric vehicles got their juice
View
Date:2025-04-15 04:08:38
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! (78)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
- Snooty waiters. Gripes about the language. Has Olympics made Paris more tourist-friendly?
- Vance jokes he’s checking out his future VP plane while overlapping with Harris at Wisconsin airport
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Unlock the Magic With Hidden Disney Deals Starting at $12.98 on Marvel, Star Wars & More
- Former Colorado clerk was shocked after computer images were shared online, employee testifies
- RFK Jr. closer to getting on New Jersey ballot after judge rules he didn’t violate ‘sore loser’ law
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Bank of America, Wells Fargo are under investigation for handling of customers funds on Zelle
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Does Halloween seem to be coming earlier each year? The reasoning behind 'Summerween'
- Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
- Judge says Mexican ex-official tried to bribe inmates in a bid for new US drug trial
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Olympics track highlights: Quincy Hall wins gold in 400, Noah Lyles to 200 final
- Lessons for Democracy From the Brazilian Amazon
- Severe flooding from glacier outburst damages over 100 homes in Alaska's capital
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Colin Farrell tears up discussing his son's Angelman syndrome: 'He's extraordinary'
Colin Farrell tears up discussing his son's Angelman syndrome: 'He's extraordinary'
Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Populist conservative and ex-NBA player Royce White shakes up US Senate primary race in Minnesota
Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
An Activist Will Defy a Restraining Order to Play a Cello Protest at Citibank’s NYC Headquarters Thursday