Current:Home > reviewsHow electric vehicles got their juice -AssetFocus
How electric vehicles got their juice
View
Date:2025-04-18 11:34:23
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! (5452)
Related
- Bodycam footage shows high
- The Supreme Court Sidesteps a Full Climate Change Ruling, Handing Industry a Procedural Win
- Shooting leaves 3 dead, 6 wounded at July Fourth celebration in Shreveport, Louisiana
- 3 dead, 8 wounded in shooting in Fort Worth, Texas parking lot
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- China Ramps Up Coal Power Again, Despite Pressure to Cut Emissions
- Lindsay Lohan Shares the Motherhood Advice She Received From Jamie Lee Curtis
- IRS warns of new tax refund scam
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Massachusetts Can Legally Limit CO2 Emissions from Power Plants, Court Rules
Ranking
- North Carolina justices rule for restaurants in COVID
- The Paris Agreement Was a First Step, Not an End Goal. Still, the World’s Nations Are Far Behind
- Coal Train Protesters Target One of New England’s Last Big Coal Power Plants
- Roller coaster riders stuck upside down for hours at Wisconsin festival
- 'We're reborn!' Gazans express joy at returning home to north
- Kim Zolciak Won't Be Tardy to Drop Biermann From Her Instagram Name
- The EPA Proposes a Ban on HFC-23, the Most Potent Greenhouse Gas Among Hydrofluorocarbons, by October 2022
- Dad falls 200 feet to his death from cliff while hiking with wife and 5 kids near Oregon's Multnomah Falls
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
RHOA's Marlo Finally Confronts Kandi Over Reaction to Her Nephew's Murder in Explosive Sneak Peek
Appalachia Could Get a Giant Solar Farm, If Ohio Regulators Approve
Coal Train Protesters Target One of New England’s Last Big Coal Power Plants
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
What's closed and what's open on the Fourth of July?
The Paris Agreement Was a First Step, Not an End Goal. Still, the World’s Nations Are Far Behind
Despite soaring prices, flexible travelers can find budget-friendly ways to enjoy summer getaways