Current:Home > reviewsHow electric vehicles got their juice -Stellar Wealth Sphere
How electric vehicles got their juice
View
Date:2025-04-17 05:34:05
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! (82)
Related
- Trump's 'stop
- Shoko Miyata, Japanese Gymnastics Team Captain, to Miss 2024 Olympics for Smoking Violation
- A History of Kim Kardashian and Ivanka Trump's Close Friendship
- Tiger Woods misses cut, finishes disastrous British Open at 14-over
- The White House is cracking down on overdraft fees
- Lawsuit filed over Alabama law that blocks more people with felony convictions from voting
- Detroit’s giant slide is back. There will probably be fewer bruises this time
- Watch Ryan Reynolds React to Joke That He's Bad at Sex
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Climate protesters steer clear of Republican National Convention
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Detroit’s giant slide is back. There will probably be fewer bruises this time
- Migrant children were put in abusive shelters for years, suit says. Critics blame lack of oversight
- Last finalist ends bid to lead East Baton Rouge Parish Schools
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- How Simone Biles kicked down the door for Team USA Olympians to discuss mental health
- A History of Kim Kardashian and Ivanka Trump's Close Friendship
- Carroll Fitzgerald, former Baltimore council member wounded in 1976 shooting, dead at 89
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Jason Aldean sits next to Trump at RNC, Kid Rock performs
Country Singer Rory Feek Marries Daughter's Teacher 8 Years After Death of Wife Joey
Mississippi’s new Episcopal bishop is first woman and first Black person in that role
Current, future North Carolina governor’s challenge of power
How Simone Biles kicked down the door for Team USA Olympians to discuss mental health
Sonya Massey called police for help. A responding deputy shot her in the face.
America's billionaires are worth a record $6T. Where does that leave the rest of us?