Current:Home > reviewsHow electric vehicles got their juice -ProfitEdge
How electric vehicles got their juice
View
Date:2025-04-18 22:13:12
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! (42956)
Related
- Bodycam footage shows high
- Convicted murderer charged in two new Texas killings offers to return to prison in plea
- Greg Norman shows up at Augusta National to support LIV golfers at Masters
- A criminal probe continues into staff at a Virginia school where a 6-year-old shot a teacher
- 'We're reborn!' Gazans express joy at returning home to north
- Biden calls Netanyahu's handling of Israel-Hamas war a mistake, says I don't agree with his approach
- Sister Wives' Janelle Brown Shares Heartbreaking Message on Late Son Garrison's Birthday
- TikTok’s Conjoined Twins Carmen and Lupita Slam “Disingenuous” Comments About Their Lives
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- OJ Simpson's Bronco chase riveted America. The memory is haunting, even after his death.
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Biden Administration Slams Enbridge for Ongoing Trespass on Bad River Reservation But Says Pipeline Treaty With Canada Must Be Honored
- Alaska House passes budget with roughly $2,275 payments to residents, bill goes to Senate
- Biden Administration Slams Enbridge for Ongoing Trespass on Bad River Reservation But Says Pipeline Treaty With Canada Must Be Honored
- Former longtime South Carolina congressman John Spratt dies at 82
- California lawmakers vote to reduce deficit by $17 billion, but harder choices lie ahead
- Conjoined Twins Abby and Brittany Hensel Seen for First Time Since Private Wedding News
- Deadly Chicago traffic stop where police fired 96 shots raises serious questions about use of force
Recommendation
Don't let hackers fool you with a 'scam
Disney fires back at Gina Carano over 'Mandalorian' firing lawsuit: 'Disney had enough'
A Washington man pleads not guilty in connection with 2022 attacks on an Oregon electrical grid
TikTok’s Conjoined Twins Carmen and Lupita Slam “Disingenuous” Comments About Their Lives
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Who's the best in the customer service business? Consumers sound off on companies.
Father is attacked in courtroom brawl after he pleads guilty to murdering his three children
Taylor Swift's music is back on TikTok a week before the release of 'Tortured Poets'