China’s Nickel Deployment in Passenger EV Batteries Up 253% YoY in January 2019

Mar. 18, 2019

Shifting cathode chemistries and strong EV sales driving accelerated nickel deployment in China

In January 2019, the Chinese market saw 253% more nickel deployed in passenger EV batteries 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

The accelerated deployment of battery nickel in China, due primarily to an ongoing shift from LFP to NCM 523/622 cathodes, has made China the largest market for passenger EV battery nickel, ahead of Japan and the U.S., which were the two largest markets in January 2018.

Moreover, in January 2019, the U.S. overtook Japan to become the second largest market for passenger EV battery nickel globally on the back of strong BEV sales in the U.S. relative to the Japanese market, which has traditionally been dominated by HEV sales.

EV Battery Capacity and Battery Metals Tracker

For more information (and to track the ever-evolving landscape of battery chemistries, cell suppliers and battery metals) subscribe to Adamas Intelligence’s “EV Battery Capacity and Battery Metals Tracker“.

 

Page 1 Created with Sketch. Back to overview