Current:Home > InvestHow electric vehicles got their juice -Secure Growth Solutions
How electric vehicles got their juice
View
Date:2025-04-15 09:32:06
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! (7339)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Texas schools got billions in federal pandemic relief, but it is coming to an end as classes begin
- US abortion numbers have risen slightly since Roe was overturned, study finds
- Billy Ray Cyrus and Firerose finalize divorce after abuse claims, leaked audio
- Rylee Arnold Shares a Long
- 'The Final Level': Popular GameStop magazine Game Informer ends, abruptly lays off staff
- White Sox end AL record-tying losing streak at 21 games with a 5-1 victory over the Athletics
- Utility company’s proposal to rat out hidden marijuana operations to police raises privacy concerns
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- GOP Rep. Andy Ogles of Tennessee says FBI took his cellphone in campaign finance probe
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Olympic Pole Vaulter Anthony Ammirati Offered $250,000 From Adult Website After
- Armand “Mondo” Duplantis breaks pole vault world record in gold-medal performance at Olympics
- How to prepare for a leadership role to replace a retiring employee: Ask HR
- Olympic men's basketball bracket: Results of the 5x5 tournament
- Family of 4 from Texas missing after boat capsizes off Alaska coast; search suspended
- As the Paris Olympics wind down, Los Angeles swings into planning for 2028
- Texas man whose lawyers say is intellectually disabled facing execution for 1997 killing of jogger
Recommendation
The GOP and Kansas’ Democratic governor ousted targeted lawmakers in the state’s primary
Exclusive: Oklahoma death row inmate Emmanuel Littlejohn wants forgiveness, mercy
Spain vs. Brazil highlights: Brazil holds off comeback, will play for Olympic gold
Stocks bounced back Tuesday, a day after a global plunge
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Judge rejects bid by Judicial Watch, Daily Caller to reopen fight over access to Biden Senate papers
Exclusive: Oklahoma death row inmate Emmanuel Littlejohn wants forgiveness, mercy
In Louisiana’s Cancer Alley, company cancels plans for grain export facility in historic Black town