Current:Home > InvestHow electric vehicles got their juice -Prime Money Path
How electric vehicles got their juice
View
Date:2025-04-19 04:37:17
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! (519)
Related
- Rylee Arnold Shares a Long
- Jason Ritter Shares How Amazing Wife Melanie Lynskey Helped Him Through Sobriety Journey
- How NPR covered the missionary who ran a center for malnourished kids where 105 died
- New California law bars schoolbook bans based on racial and LGBTQ topics
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Joe Namath blasts struggling Jets QB Zach Wilson: 'I've seen enough'
- Eagles vs. Buccaneers, Bengals vs. Rams Monday Night Football highlights
- European court rules Turkish teacher’s rights were violated by conviction based on phone app use
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- 'People Collide' is a 'Freaky Friday'-type exploration of the self and persona
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- A new climate change report offers something unique: hope
- Can an employee be fired for not fitting into workplace culture? Ask HR
- 'I'm going to pay you back': 3 teens dead in barrage of gunfire; 3 classmates face charges
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- The Academy gifts replacement of Hattie McDaniel's historic Oscar to Howard University
- Here's Why Schutz Lace-Up Booties Are Your New Favorite Pairs For Fall
- Multiple striking auto workers struck by car outside plant
Recommendation
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Chasing the American Dream at Outback Steakhouse
Retired police chief killed in hit-and-run died in 'cold and callous' way: Family
Supreme Court denies Alabama's bid to use GOP-drawn congressional map in redistricting case
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Alexandra Grant says boyfriend Keanu Reeves has made her art 'happier': 'Such an inspiration'
Copycat Joe? Trump plans visit with Michigan UAW workers, Biden scrambles to do the same.
Car bombing at Somali checkpoint kills at least 15, officials say