Current:Home > ScamsHow electric vehicles got their juice -TradeCircle
How electric vehicles got their juice
Ethermac Exchange View
Date:2025-04-10 17:23:39
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! (6)
Related
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Economy Would Gain Two Million New Jobs in Low-Carbon Transition, Study Says
- Homelessness rose in the U.S. after pandemic aid dried up
- Cops say they're being poisoned by fentanyl. Experts say the risk is 'extremely low'
- Retirement planning: 3 crucial moves everyone should make before 2025
- Heidi Klum Handles Nip Slip Like a Pro During Cannes Film Festival 2023
- Niall Horan Teasing Details About One Direction’s Group Chat Is Simply Perfect
- Hunter Biden to appear in court in Delaware in July
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Coronavirus FAQ: 'Emergency' over! Do we unmask and grin? Or adjust our worries?
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- How Boulder Taxed its Way to a Climate-Friendlier Future
- Virtually ouch-free: Promising early data on a measles vaccine delivered via sticker
- New report on Justice Samuel Alito's travel with GOP donor draws more scrutiny of Supreme Court ethics
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Elliot Page Grateful to Be Here and Alive After Transition Journey
- Wildfires Trap Thousands on Beach in Australia as Death Toll Rises
- Climate Tipping Points Are Closer Than We Think, Scientists Warn
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Hospitals create police forces to stem growing violence against staff
Exxon Ramps Up Free Speech Argument in Fighting Climate Fraud Investigations
Virtually ouch-free: Promising early data on a measles vaccine delivered via sticker
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
With growing abortion restrictions, Democrats push for over-the-counter birth control
Journalists: Apply Now for the InsideClimate News Mountain West Environmental Reporting Workshop
CBS News poll finds most say colleges shouldn't factor race into admissions