High-Nickel Cathodes Making Headway in Passenger EV Market

Jun. 21, 2019

Over 250% more NCM 811 deployed in April 2019 than same month the year prior, according to Adamas Intelligence

In April 2019, 6.7 GWh of battery capacity was deployed globally in newly-sold passenger BEVs, PHEVs and HEVs, an increase of 69% year-over-year, according to a model-by-model build-up using Adamas Intelligence’s ‘EV Battery Capacity and Battery Metals Tracker’.

Among the NCM cathode family, NCM 622 saw a surge in deployment (in GWh) year-over-year, up 247% in April 2019 versus the same month the year prior.

Similarly, the more widely-used NCM 523 cathode chemistry saw an 87% jump in deployment year-over-year, expanding its already-imposing market share at the expense of legacy cathode chemistries, such as LFP.

Lastly, in April 2019 the nascent NCM 811 cathode chemistry saw a blistering 251% increase in deployment year-over-year with the recent launch of the Geely Geometry A BEV and the BMW X1 xDrive25Le PHEV, the latter of which boasts an industry-leading 24 kWh battery and 110 km driving range (NEDC). The cell supplier for both models is CATL, reveals Adamas Intelligence’s “EV Battery Capacity and Battery Metals Tracker”.

Although NCM 811 currently claims just 1% of the passenger EV market by GWh deployed, its share is poised to rise further in the coming months with the much-anticipated release of the Nio ES6 BEV and the GAC Aion S BEV, both of which will also be equipped with NCM 811 cells from CATL.

With CATL recently reaffirming (and now demonstrating) its commitment to commercializing NCM 811 in 2019, and AESC recently making known its plans to commercialize NCM 811 in 2020, its apparent that more growth is around the corner – just how much and how fast remains a hot topic for debate.

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