LG Chem Drives NCM 6-Series Into Lead by Capacity Deployed in February 2020

Apr. 6, 2020

LG Chem floats to the top as Panasonic, CATL and BYD sink

In February 2020, 5.2 GWh of battery capacity was deployed globally in newly sold passenger EVs, an increase of 21% over the amount deployed in February 2019, despite a pronounced drop in EV sales in China, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.

Year-to-date, the drop in monthly EV sales in China has negatively impacted battery capacity deployments of domestic cell suppliers CATL and BYD, while strong global sales of EVs using LG Chem cells, such as the Audi e-Tron Quattro, Hyundai Kona and Jaguar i-Pace, have thrust the South Korean cell supplier (and its NCM 6-Series cells) into the lead globally by GWh deployed in both January and February 2020.

MWh Deployed Globally by Cell Supplier and Cathode Chemistry (February 2020)

Expect CATL to take the lead next as Chinese EV sales rebound

Looking forward, with a rebound in monthly EV sales around the corner for China, and Tesla facing the possibility of lengthy shutdowns and market challenges in North America and Europe, we expect CATL will capture the lead from LG Chem in the near-term.

Moreover, in terms of cell chemistry deployments, we expect that CATL’s impending resurgence, coupled with rising deployment of LG Chem -made NCM 811 cells in China-made Tesla Model 3s, will push the market share of NCM 811 higher still.

However, over the medium-term we expect that NCM 811 may give back some market share to LFP in China as cell suppliers CATL, BYD and others go to market with next generation LFP cells and packs (see recent insight “LFP Market Share Drops in 2019 but Expect a Comeback with Cell-to-Pack“).

Subscriptions from Adamas Intelligence

Must-have intelligence for automakers, cell suppliers, battery materials manufacturers, miners, explorers, investors and other stakeholders with a professional interest in the EV, battery and battery materials industries.

We offer a number of interactive data tools and subscription-based reports for clients seeking regular updates, analysis, and insights into the fast-moving markets and supply chains that we cover.

 

EV Battery Capacity and Battery Metals Tracker

Building on ongoing EV registrations in over 80 countries, our web-based platform helps users track monthly deployment of battery metals and materials, battery capacity, and the ever-evolving competitive landscapes of battery chemistries and cell suppliers.

The tracker’s intuitive user interface and interactive charts and filters let users quickly zoom in on specific regions, countries, automakers, models, cell suppliers, battery chemistries, battery materials and more.

Subscription includes access to the online platform plus a wealth of Excel data, all updated monthly.


Schedule a Live Demo


EV Motor Power Monthly

Our ‘EV Motor Power Monthly’ is a subscription-based report and data service for tracking monthly deployment of passenger EV motor power (in kW) by region, country, motor type, EV type, make, model, and motor supplier on an ongoing basis.

Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.

Download a Sample Report


EV Battery Capacity Monthly

Our ‘EV Battery Capacity Monthly’ is a subscription-based report and data service for tracking monthly deployment of battery capacity (in MWh) in passenger EV batteries by country, region, EV make, EV model, cell supplier, cell chemistry, EV type and more.

Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.


Download a Sample Report


EV Battery Lithium Monthly

Our ‘EV Battery Lithium Monthly’ is a subscription-based report and data service for tracking monthly deployment of lithium in passenger EV batteries by country, region, EV make, EV model, cell supplier, cell chemistry, EV type and more.

Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.


Download a Sample Report


EV Battery Nickel Monthly

Our ‘EV Battery Nickel Monthly’ is a subscription-based report and data service for tracking monthly deployment of nickel in passenger EV batteries by country, region, EV make, EV model, cell supplier, cell chemistry, EV type and more.

Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format. 


Download a Sample Report


EV Battery Cobalt Monthly

Our ‘EV Battery Cobalt Monthly’ is a subscription-based report and data service for tracking monthly deployment of cobalt in passenger EV batteries by country, region, EV make, EV model, cell supplier, cell chemistry, EV type and more.

Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.


Download a Sample Report

 

Page 1 Created with Sketch. Back to overview