Current:Home > reviewsHow electric vehicles got their juice -CapitalWay
How electric vehicles got their juice
View
Date:2025-04-14 19:47:54
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! (6)
Related
- Nevada attorney general revives 2020 fake electors case
- Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee’s hijab
- Supreme Court to consider Texas and Florida laws regulating social media platforms
- Looming shutdown rattles families who rely on Head Start program for disadvantaged children
- Meta releases AI model to enhance Metaverse experience
- Lorenzo, a 180-pound Texas tortoise, reunited with owner after backyard escape
- Dianne Feinstein's life changed the day Harvey Milk and George Moscone were assassinated — the darkest day of her life
- Former Staples exec sentenced in Varsity Blues scheme, marking end of years-long case
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- A 'modern masterpiece' paints pandemic chaos on cloth made of fig-tree bark
Ranking
- What to watch: O Jolie night
- Republican presidential candidates use TikTok and Taylor Swift to compete for young voters
- Miss Utah Noelia Voigt Crowned Miss USA 2023 Winner
- More than 80% of Nagorno-Karabakh’s population flees as future uncertain for those who remain
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Former Staples exec sentenced in Varsity Blues scheme, marking end of years-long case
- Toddler's death at New York City day care caused by fentanyl overdose, autopsy finds
- Baltimore Archdiocese says it will file for bankruptcy before new law on abuse lawsuits takes effect
Recommendation
Trump's 'stop
What Top 25 upsets are coming this weekend? Bold predictions for Week 5 in college football
Fourth soldier from Bahrain dies of wounds after Yemen’s Houthi rebels attack troops on Saudi border
Putin marks anniversary of annexation of Ukrainian regions as drones attack overnight
North Carolina justices rule for restaurants in COVID
Janet Yellen says a government shutdown could risk tipping the U.S. into a recession
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
Deal Alert: Shop Stuart Weitzman Shoes From Just $85 at Saks Off Fifth