SP VICTALL partners with JMC on first composite pickup box in China; reduced weight and cost
Sandia releases QuESt v1.2 open-source software for energy storage

Adamas: lithium usage for EV batteries up 76% year-over-year in February 2019

Shifting cathode chemistries and strong BEV/PHEV sales relative to HEV sales driving accelerated deployment of lithium

In February 2019, 76% more lithium carbonate equivalent (LCE) was deployed globally in batteries of newly-sold passenger EVs than the same month the year prior, according to a model-by-model build-up using Adamas Intelligence’s “EV Battery Capacity and Battery Metals Tracker”.

Among all metals and materials used in EV battery cathodes globally, LCE deployment in February 2019 saw the greatest gains versus the year prior speaking to the Chinese industry’s growing adoption of NCM cathodes in place of LFP cathodes, fueling an increase in LCE consumption per kWh of capacity deployed.

Another reason for the increase is that BEVs and PHEVs were collectively responsible for a greater share (92%) of global battery capacity deployed in February 2019 versus the year prior (87%)—meaning that a greater share of kWh deployed this year was in the form of Li-ion cells, as opposed to NiMH cells, which contain no LCE whatsoever.

Globally, the top five cell suppliers by LCE deployed in February 2019 were (in descending order) Panasonic, LG Chem, CATL, BYD and Samsung SDI. Collectively, these five suppliers were responsible for almost 75% of all LCE deployed globally in passenger EV batteries in February 2019, according to Adamas Intelligence data.

Top-5-Cell-Suppliers-by-LCE-Deployed-Feb-2019

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)