Current:Home > ScamsHow electric vehicles got their juice -Prosperity Pathways
How electric vehicles got their juice
View
Date:2025-04-26 08:51:09
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! (7553)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- 'Nation has your back,' President Biden says to Hurricane Helene victims | The Excerpt
- Will Smith Details Finding “Authenticity” After Years of “Deep-Dive Soul Searching”
- TikToker Mr. Prada Charged With Second-Degree Murder After Therapist Was Found Dead
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Joe Jonas Has Cheeky Response to Fan Hoping to Start a Romance With Him
- For migrant women who land in Colorado looking for jobs, a common answer emerges: No
- Florida's new homeless law bans sleeping in public, mandates camps for unhoused people
- In ‘Nickel Boys,’ striving for a new way to see
- College sports ‘fraternity’ jumping in to help athletes from schools impacted by Hurricane Helene
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Euphoria's Jacob Elordi Joins Olivia Jade Giannulli on Family Vacation With Mom Lori Loughlin
- McDonald's new Big Mac isn't a burger, it's a Chicken Big Mac. Here's when to get one
- Watch 3-month-old baby tap out tearful Airman uncle during their emotional first meeting
- The company planning a successor to Concorde makes its first supersonic test
- Mortgage rates are at a two-year low. When should you refinance?
- The Hills Alum Jason Wahler and Wife Ashley Wahler Expecting Baby No. 3
- South Carolina sets Nov. 1 execution as state ramps up use of death chamber
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Pregnant Brittany Mahomes Shows Off Her Workout Routine
Saoirse Ronan Shares Rare Insight Into Relationship With Husband Jack Lowden
As search for Helene’s victims drags into second week, sheriff says rescuers ‘will not rest’
Arkansas State Police probe death of woman found after officer
Virginia teacher who was fired over refusing to use student's preferred pronouns awarded $575,000
South Korea adoptees endure emotional, sometimes devastating searches for their birth families
Photo shows U.S. Rep. Mike Lawler wearing blackface at college Halloween party in 2006