Current:Home > ScamsHow electric vehicles got their juice -CapitalTrack
How electric vehicles got their juice
View
Date:2025-04-24 10:37:41
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! (53)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Have you noticed? Starbucks changed its iced coffee blend for the first time in 18 years
- Ryan Reynolds on his 'complicated' relationship with his dad, how it's changed him
- Video shows 2 toddlers in diapers, distraught in the middle of Texas highway after crash
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- 'Rust' movie director Joel Souza breaks silence on Alec Baldwin shooting: 'It’s bizarre'
- Jim Harbaugh wants to hire Colin Kaepernick to Chargers' coaching staff. Will the QB bite?
- Julianne Hough Shares She Was Sexually Abused at Age 4
- DoorDash steps up driver ID checks after traffic safety complaints
- Get 70% Off Kate Spade, 70% Off Coach, 40% Off Banana Republic, 40% Off Disney & Today's Top Deals
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- A 1-year-old Virginia girl abducted by father is dead after they crashed in Maryland, police say
- Montana Supreme Court rules minors don’t need parental permission for abortion
- Emily in Paris' Ashley Park Reveals How Lily Collins Predicted Her Relationship With Costar Paul Forman
- DoorDash steps up driver ID checks after traffic safety complaints
- Family of woman killed by falling utility pole to receive $30M settlement
- Oklahoma city approves $7M settlement for man wrongfully imprisoned for decades
- Alabama lawyer accused of sexually assaulting handcuffed inmate, lawsuit says
Recommendation
Global Warming Set the Stage for Los Angeles Fires
2nd man charged in 2012 killing of retired Indiana farmer who was shot to death in his home
Budget-Friendly Dorm Room Decor: Stylish Ideas Starting at $11
Wally Amos, 88, of cookie fame, died at home in Hawaii. He lost Famous Amos but found other success
Trump issues order to ban transgender troops from serving openly in the military
Social media took my daughter from me. As a parent, I'm fighting back.
As school bus burned, driver's heroic actions helped save Colorado kids, authorities say
Planning a Girls’ Night Out in NYC? Here’s What You Need to Make It Happen