Current:Home > ContactHow electric vehicles got their juice -EverVision Finance
How electric vehicles got their juice
View
Date:2025-04-18 05:14:42
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! (11715)
Related
- South Korean president's party divided over defiant martial law speech
- Don't Miss Out On Free People's Flash Sale For Up To 80% Off, With Deals Starting at Under $20
- Massachusetts bill aims to make child care more accessible and affordable
- Looking for a deal? Aldi to add 800 more stores in US by 2028
- Senate begins final push to expand Social Security benefits for millions of people
- Mississippi Supreme Court affirms a death row inmate’s convictions in the killings of 8 people
- College student Wyatt Gable defeats 10-term state Rep. George Cleveland in North Carolina primary
- 'The shooter didn't snap': Prosecutors say Michigan dad could have prevented mass killing
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Watch as onboard parachute saves small plane from crashing into Washington suburb
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- NFL Network's Good Morning Football going on hiatus, will relaunch later this summer
- US applications for jobless claims hold at healthy levels
- New Hampshire Republicans are using a land tax law to target northern border crossings
- Trump issues order to ban transgender troops from serving openly in the military
- Platform Mini Boots Are Your Perfect Shoe for In-Between Weather: From UGG to $27 Finds
- Britt Reid is enjoying early prison release: Remember what he did, not just his privilege
- This week on Sunday Morning (March 10)
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Paige DeSorbo Says Boyfriend Craig Conover Would Beat Jesse Solomon's Ass for Hitting on Her
Kate Middleton's Uncle Speaks to Her Health Journey While on Celebrity Big Brother
Amy Schumer's Parenting Milestone With 4-Year-Old Son Gene Will Have You Exhausted
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
FDA says to throw away these 6 cinnamon products because they contain high levels of lead
This Oscar Nominee for Barbie is Among the Highest Paid Hollywood Actors: See the Full List
What was the average 401(k) match in 2023?