Lithium Use per EV Up 52% Year-over-Year in 2019 H1
In 2019 H1, the average EV sold contained 52% more LCE than the average EV sold a year prior
From 2018 H1 through 2019 H1, strong BEV sales relative to HEV sales, and the growing popularity of long-range BEVs with high-capacity batteries, resulted in a 52% increase in the amount of lithium carbonate and lithium carbonate equivalent (“LCE”) deployed globally per EV, from 7.7 kg to 11.7 kg, according to a new (free) report from Adamas Intelligence, titled ‘State of Charge: EVs, Batteries and Battery Materials‘.
Looking forward, as BEV sales growth continues to outpace that of PHEVs and HEVs globally, and long-range BEVs continue to proliferate, we expect that the global sales-weighted-average EV’s battery capacity will continue to expand, and with it, the amount of lithium carbonate and LCE used per vehicle.
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