Lithium Deployment in EV Batteries Up 89% Year-over-Year in 2019 H1
Asia-Pacific responsible for 60% of deployment in 2019 H1, up from 55% in 2018 H1
In 2019 H1, 27,550 tonnes of lithium carbonate equivalent (“LCE”) were deployed globally in batteries of all newly-sold passenger EVs combined, an increase of 89% over the same period the year prior, according to a new (free) report from Adamas Intelligence, titled ‘State of Charge: EVs, Batteries and Battery Materials‘.
This increase was driven by strong EV sales growth overall (25% over the same period the year prior) coupled with a boost in BEV sales relative to HEV sales, resulting in accelerated deployment of EV battery capacity over the same period, and consequently, accelerated deployment of LCE.
As the largest and fastest-growing EV market globally, Asia-Pacific was responsible for deployment of 60% of all LCE used globally in EV batteries in 2019 H1, up from 55% in 2018 H1.
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.
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