Current:Home > ContactHow electric vehicles got their juice -FundPrime
How electric vehicles got their juice
Rekubit Exchange View
Date:2025-04-11 00:58:13
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! (37913)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- The Heart Wants This Candid Mental Health Convo Between Selena Gomez and Nicola Peltz Beckham
- Supreme Court takes up dispute over educational benefits for veterans
- Jenna Dewan Pens Sweet Message to Her and Channing Tatum's Fierce Daughter Everly on 10th Birthday
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- A Coal Ash Spill Made These Workers Sick. Now, They’re Fighting for Compensation.
- World’s Youth Demand Fair, Effective Climate Action
- As Solar and Wind Prices Fall, Coal’s Future is Fading Fast, BNEF Says
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- New York Gov. Kathy Hochul signs law to protect doctors providing out-of-state telehealth abortion pill prescriptions
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- Chrishell Stause, Chris Olsen and More Stars Share Their Advice for Those Struggling to Come Out
- Lala Kent Slams Tom Sandoval Over That Vanderpump Rules Reunion Comment About Her Daughter
- International Day of Climate Action Spreads Across 179 Countries
- The Daily Money: Spending more on holiday travel?
- Microinsurance Protects Poor Farmers Facing Increasing Risks from Climate Change
- 13-year-old becomes first girl to complete a 720 in skateboarding – a trick Tony Hawk invented
- Video shows shark grabbing a man's hand and pulling him off his boat in Florida Everglades
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
BMW Tests Electric Cars as Power Grid Stabilizers
Climate Science Has a Blind Spot When it Comes to Heat Waves in Southern Africa
Conservative businessman Tim Sheehy launches U.S. Senate bid for Jon Tester's seat
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
American Climate Video: An Ode to Paradise Lost in California’s Most Destructive Wildfire
The first full supermoon of 2023 will take place in July. Here's how to see it
Global Warming Shortens Spring Feeding Season for Mule Deer in Wyoming