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Adamas: EV sales up just 20% in April 2019 but total battery capacity deployed up 69%

Despite weak EV sales growth in April 2019 versus the same month the year prior (up just 19.6%), total battery capacity deployed in newly-sold EVs (in GWh) increased markedly over the same period, according to Adamas Intelligence’s “EV Battery Capacity Monthly”.

In April 2019, a total of 6.7 GWh of battery capacity was deployed in passenger BEVs, PHEVs and HEVs globally—an increase of 69.4% over the same month the year prior.

April-2019-Capacity-Deployed-and-SWA-Increase

This rapid growth in battery capacity deployed stems from strong sales of high-capacity long-range BEVs such as the Tesla Model 3, BYD Yuan, Nissan Leaf and Hyundai Kona, among others, relative to the year prior.

Adamas Intelligence data also indicates that the sales-weighted average battery capacity (in kWh) increased at an equally-impressive 41.6% between April 2018 and April 2019, from 13.7 kWh to 19.4 kWh (taking into account sales of all passenger HEVs, PHEVs and BEVs, combined).

Comments

HarveyD

As batteries improve from under 200 to over 400 Wh/Kg, larger capacity units (100 to 150 kWh) will be used for extended range (600+ Km) BEVs.

The average per vehicle will also move up from 20 kWh closer to 100 kWh. Battery factories will be fully occupied for decades.

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