Current:Home > MarketsHow electric vehicles got their juice -Apex Capital Strategies
How electric vehicles got their juice
View
Date:2025-04-18 00:58:42
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! (345)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- This Week in Clean Economy: Chu Warns Solyndra Critics of China’s Solar Rise
- Mass killers practice at home: How domestic violence and mass shootings are linked
- Bob Huggins resigns as West Virginia men's basketball coach after DUI arrest in Pittsburgh
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- A new Arkansas law allows an anti-abortion monument at the state Capitol
- Ignoring Scientists’ Advice, Trump’s EPA Rejects Stricter Air Quality Standard
- YouTuber Hank Green Shares His Hodgkin’s Lymphoma Cancer Diagnosis
- Former longtime South Carolina congressman John Spratt dies at 82
- Some Mexican pharmacies sell pills laced with deadly fentanyl to U.S. travelers
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Vanderpump Rules' James Kennedy Addresses Near-Physical Reunion Fight With Tom Sandoval
- Padma Lakshmi Claps Back to Hater Saying She Has “Fat Arms”
- California could ban certain food additives due to concerns over health impacts
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- California could ban certain food additives due to concerns over health impacts
- Human composting: The rising interest in natural burial
- Remember the Titans Actor Ethan Suplee Reflects on 250-Pound Weight Loss Journey
Recommendation
All That You Wanted to Know About She’s All That
Lisa Vanderpump Defends Her Support for Tom Sandoval During Vanderpump Rules Finale
In These U.S. Cities, Heat Waves Will Kill Hundreds More as Temperatures Rise
Why Fans Think Malika Haqq Just Revealed Khloe Kardashian’s Baby Boy’s Name
A White House order claims to end 'censorship.' What does that mean?
Exxon Loses Appeal to Keep Auditor Records Secret in Climate Fraud Investigation
Exxon Loses Appeal to Keep Auditor Records Secret in Climate Fraud Investigation
Ignoring Scientists’ Advice, Trump’s EPA Rejects Stricter Air Quality Standard