Current:Home > NewsHow electric vehicles got their juice -WealthRoots Academy
How electric vehicles got their juice
Indexbit Exchange View
Date:2025-04-07 04:22:54
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! (681)
Related
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- SAG-AFTRA announces video game performers' strike over AI, pay
- Family sues after teen’s 2022 death at Georgia detention center
- Justin Timberlake’s lawyer says pop singer wasn’t intoxicated, argues DUI charges should be dropped
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Christina Hall Says She Reached “Breaking Point” With “Insecure” Ex Josh Hall Amid Divorce
- Former Chiefs lineman Isaiah Buggs sentenced to hard labor in Alabama on animal cruelty charges
- Olympic medals today: What is the medal count at 2024 Paris Games on Friday?
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Watch this police K-9 become the hero of an urgent search and rescue
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- USWNT comes out swinging at Paris Olympics but leaves 'a lot of room for improvement'
- How Josh Hall Is Completely Starting Over After Christina Hall Split
- MLB's best make deadline deal: Austin Hays to Phillies, Orioles get bullpen help
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- A federal court approves new Michigan state Senate seats for Detroit-area districts
- Chicago Bears wish Simone Biles good luck at 2024 Paris Olympics
- AI 'art' is ruining Instagram and hurting artists. This is what needs to change.
Recommendation
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Ohio court rules that so-called boneless chicken wings can, in fact, contain bones
Dodgers Player Freddie Freeman's 3-Year-Old Son Can't Stand or Walk Amid Viral Infection
Olivia Culpo responds to wedding dress drama for first time: 'I wanted to feel like myself'
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Chipotle CEO addresses portion complaints spawned by viral 'Camera Trick' TikTok challenge
Simone Biles' Husband Jonathan Owens Negotiated NFL Contract to Attend 2024 Paris Olympics
Man charged with starting massive wildfire in California as blazes burn across the West