NCM 811 Commands a 4% Market Share in China in June 2019
Market share has quadrupled since January 2019
In June 2019, a total of 6.1 GWh of battery capacity was deployed in newly-sold passenger EVs in China, a 48% increase over the amount deployed the month prior, and a 115% increase over the amount deployed in June 2018, according to Adamas Intelligence’s latest ‘EV Battery Capacity Monthly’ report (download a sample report here).
Following the release of some high-profile battery electric vehicles “BEVs” using high-nickel NCM 811 cathode chemistry (nickel, cobalt, manganese 8:1:1), such as the GAC Aion S, Geely Geometry A and Brilliance X1 xDrive 25Le, the market share of NCM 811 cathode in China reached 4% in June 2019, up from 1% in January 2019.
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