Current:Home > reviewsHow electric vehicles got their juice -Clarity Finance Guides
How electric vehicles got their juice
View
Date:2025-04-12 07:15:06
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! (8)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Study Identifies Outdoor Air Pollution as the ‘Largest Existential Threat to Human and Planetary Health’
- Pregnant Kourtney Kardashian Is Officially Hitting the Road as a Barker
- With Biden in Europe Promising to Expedite U.S. LNG Exports, Environmentalists on the Gulf Coast Say, Not So Fast
- Global Warming Set the Stage for Los Angeles Fires
- How to fight a squatting goat
- Twitter removes all labels about government ties from NPR and other outlets
- Why it's so hard to mass produce houses in factories
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- The Oakland A's are on the verge of moving to Las Vegas
Ranking
- The company planning a successor to Concorde makes its first supersonic test
- Hurricane Michael Hit the Florida Panhandle in 2018 With 155 MPH Winds. Some Black and Low-Income Neighborhoods Still Haven’t Recovered
- Climate Change Remains a Partisan Issue in Georgia Elections
- Fossil Fuels Aren’t Just Harming the Planet. They’re Making Us Sick
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Dollar v. world / Taylor Swift v. FTX / Fox v. Dominion
- Twitter removes all labels about government ties from NPR and other outlets
- 2 states launch an investigation of the NFL over gender discrimination and harassment
Recommendation
Meta donates $1 million to Trump’s inauguration fund
This Next-Generation Nuclear Power Plant Is Pitched for Washington State. Can it ‘Change the World’?
A tobacco giant will pay $629 million for violating U.S. sanctions against North Korea
Nuclear Fusion: Why the Race to Harness the Power of the Sun Just Sped Up
In ‘Nickel Boys,’ striving for a new way to see
CNN announces it's parted ways with news anchor Don Lemon
Fossil Fuels Aren’t Just Harming the Planet. They’re Making Us Sick
In the San Francisco Bay Area, the Pandemic Connects Rural Farmers and Urban Communities