Cobalt Deployment in EV Batteries Up 81% Year-over-Year in 2019 H1
Deployment of cobalt in BEVs up 107% year-over-year; deployment in PHEVs and HEVs up a mere 4% and 11%, respectively
In 2019 H1, 7,200 tonnes of cobalt were deployed globally in batteries of all newly-sold passenger EVs combined, an increase of 81% over the amount deployed in 2018 H1, according to a new free report from Adamas Intelligence, titled ‘State of Charge: EVs, Batteries and Battery Materials‘.
Over the same period, cobalt deployment in BEVs increased 107% year-over-year to 6,100 tonnes in 2019 H1 on the back of strong BEV sales and steadily increasing average pack capacity, while cobalt deployment in PHEV and HEV batteries increased by 4% and 11%, respectively, versus 2018 H1.
Asia-Pacific was responsible for deployment of 61% of all cobalt used globally in passenger EV batteries in 2019 H1, up from 50% in 2018 H1, as key Chinese cell suppliers shift from LFP to Co-bearing NCM cathodes.
State of Charge: EVs, Batteries and Battery Materials (Free Report)
Adamas Intelligence is pleased to announce the publication of a new biannual report, titled ‘State of Charge: EVs, Batteries and Battery Materials’.
This report is available to all clients and mailing list subscribers.
This report is a must read for anyone with a professional interest in the EV industry or looking to learn more about the forces driving the fast-moving battery and battery materials supply chains.
In this biannual ‘State of Charge’ report, we provide an informative overview of the global EV market’s performance over the past half-year (in this case “2019 H1”) and its implications on the ever-evolving battery and battery materials supply chains.
This overview draws on research and data available to clients through our subscription-based monthly reports and web-based trackers.
Click on the report screenshot above for more information and download a digital copy of the report today.
Back to overview