Panasonic Deploys Almost 50% of All EV Battery Nickel Used Globally in 2019 H1
Just five cell suppliers responsible for over 85% of all nickel deployed
As supplier of nickel-rich NCA cells to Tesla, and NiMH cells to Toyota, the world’s leading cell supplier by capacity delivered, Panasonic, was responsible for deployment of 48% of all passenger EV battery nickel globally in 2019 H1, according to a new report from Adamas Intelligence, titled ‘State of Charge: EVs, Batteries and Battery Materials‘.
CATL more than quadrupled its nickel deployment year-over-year, lifting its share of global battery nickel consumption to 13% in 2019 H1 from just 5% in 2018 H1.
Similarly, in 2019 H1 LG Chem more-than-doubled its deployment of battery nickel versus the same period the year prior while Chinese EV maker and cell supplier BYD saw its deployment nearly triple.
Collectively, among the 40+ cell suppliers currently active in the global passenger EV market, just five (Panasonic, CATL, LG Chem, BYD and AESC) were responsible for over 85% of the market’s total nickel consumption in 2019 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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