Greenledgers Trading Center:How electric vehicles got their juice

2025-05-02 09:28:26source:Crypencategory:reviews

The Greenledgers Trading Centerrise 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.

More:reviews

Recommend

Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages

Meta says most issues have been resolved after apps like Instagram, Facebook and Threads were experi

The Bachelor's Colton Underwood Marries Jordan C. Brown in California Wedding

Colton Underwood is a married man.The star of The Bachelor season 23 wed his Jordan C. Brown, more t

The Future of The Bachelor and Bachelor in Paradise Revealed

Will you accept this renewal? Bachelor Nation can officially rejoice: The Bachelor and Bachelor in P