Current:Home > ContactHow electric vehicles got their juice -ProgressCapital
How electric vehicles got their juice
View
Date:2025-04-27 14:38:27
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! (9647)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Kate Spade 24-Hour Flash Deal: Save $291 on This Satchel Bag That Comes in 4 Colors
- Robert F. Kennedy Jr. testifies at House censorship hearing, denies antisemitic comments
- A Great Recession bank takeover
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Anne Arundel County Wants the Navy’s Greenbury Point to Remain a Wetland, Not Become an 18-Hole Golf Course
- State Tensions Rise As Water Cuts Deepen On The Colorado River
- A career coach unlocks the secret to acing your job interview and combating anxiety
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- How Pay-to-Play Politics and an Uneasy Coalition of Nuclear and Renewable Energy Led to a Flawed Illinois Law
Ranking
- All That You Wanted to Know About She’s All That
- In San Francisco’s Bayview-Hunters Point Neighborhood, Advocates Have Taken Air Monitoring Into Their Own Hands
- Amanda Seyfried Gives a Totally Fetch Tour of Her Dreamy New York City Home
- On the Defensive a Year Ago, the American Petroleum Institute Is Back With Bravado
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- College student falls hundreds of feet to his death while climbing Oregon mountain with his girlfriend
- A Colorado Home Wins the Solar Decathlon, But Still Helps Cook the Planet
- Stephen tWitch Boss' Mom Shares What Brings Her Peace 6 Months After His Death
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Search for baby, toddler washed away in Pennsylvania flooding impeded by poor river conditions
Adam Sandler's Daughter Sunny Sandler Is All Grown Up During Rare Red Carpet Appearance
Labor's labors lost? A year after stunning victory at Amazon, unions are stalled
B.A. Parker is learning the banjo
Google's 'Ghost Workers' are demanding to be seen by the tech giant
A Just Transition? On Brooklyn’s Waterfront, Oil Companies and Community Activists Join Together to Create an Offshore Wind Project—and Jobs
Florida's new Black history curriculum says slaves developed skills that could be used for personal benefit