Current:Home > FinanceHow electric vehicles got their juice -Elevate Money Guide
How electric vehicles got their juice
View
Date:2025-04-17 15:24:17
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! (75)
Related
- What to watch: O Jolie night
- What if I owe taxes but I'm unemployed? Tips for filers who recently lost a job
- Alabama's challenge after Nick Saban: Replacing legendary college football coach isn't easy
- Nick Saban could have won at highest level many more years. We'll never see his kind again
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Summer House Trailer: See the Dramatic Moment Carl Radke Called Off Engagement to Lindsay Hubbard
- Todd and Julie Chrisley Receive $1 Million Settlement After Suing for Misconduct in Tax Fraud Case
- Why Golden Bachelor's Leslie Was Uncomfortable During Gerry and Theresa's Wedding
- Skins Game to make return to Thanksgiving week with a modern look
- Poland’s opposition, frustrated over loss of power, calls protest against new pro-EU government
Ranking
- Arkansas State Police probe death of woman found after officer
- Online sports betting arrives in Vermont
- Riots in Papua New Guinea’s 2 biggest cities reportedly leave 15 dead
- Hundreds gather in Ukraine’s capital to honor renowned poet who was also a soldier killed in action
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Nick Saban's retirement prompts 5-star WR Ryan Williams to decommit; other recruits react
- Horoscopes Today, January 11, 2024
- Nelson Mandela’s support for Palestinians endures with South Africa’s genocide case against Israel
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Another layer of misery: Women in Gaza struggle to find menstrual pads, running water
Running from gossip, Ariana Madix finds relief in Broadway’s salacious musical, ‘Chicago’
Judge rules Alabama can move forward, become first state to perform nitrogen gas execution
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
27 Rental Friendly Décor Hacks That Will Help You Get Your Deposit Back
Wisconsin sexual abuse case against defrocked Cardinal McCarrick suspended
FACT FOCUS: Discovery of a tunnel at a Chabad synagogue spurs false claims and conspiracy theories