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Top 5 Plug-in Hybrids by Manganese Deployed in June 2023

Hesitant EV buyers continue to flock to PHEVs in all key markets

Even as the number of makes and models of full battery electric cars (“BEVs”) on offer expands rapidly, hesitant buyers continue to flock to plug-in-hybrid electric vehicles (“PHEVs”) in all key demand markets. PHEVs represented some 22% of the global electric car market in June of this year, up from 18% during the same month in 2022.

Both Tesla and Volkswagen have plans to use manganese-rich batteries in some of their lower end vehicles, but the number 1 and number 6 BEV makers (by units sold in June 2023) must first overcome some of the drawbacks of using manganese-rich batteries, which include a short lifespan.

For now, virtually all battery manganese deployed on roads each month worldwide comes in the form of nickel-cobalt-manganese (“NCM”) cathode chemistries, data from the Adamas Intelligence EV Battery Capacity and Battery Metals Tracker shows.

Family-sized SUVs the majors of manganese deployment

Unsurprisingly perhaps, when it comes to PHEVs, it’s family-sized SUVs that drive the greatest manganese consumption. In first place with just shy of 76 tonnes of manganese hitting roads in June this year is the Li Auto L7, a plug-in SUV which somewhat confusingly is a five and not a seven seater.

The L7 can drive an eye-popping 1,100 kilometers on a single charge thanks to its beefy 42.8 kWh high-nickel NCM battery paired with a 1.5-liter four-cylinder, turbo-charged engine. In third place is another model from the Beijing-based carmaker, the L8, which seats six.

The premium brand of Great Wall Motors – WEY – occupies the number 2 spot with the Lanshan, also known as Blue Mountain, PHEV. A six seater, the SUV sports a similar range to that of Li Auto’s plug-in hybrids.

In fourth place was the AITO Wenjie M5 PHEV and in fifth spot, the first of the Western OEMs on the list, was the Volvo XC60.

Combined, the top 10 PHEVs by manganese deployed in June carried more than 425 tonnes of the metal onto roads worldwide. The top 5 models alone were collectively responsible for 66% of that amount.

Note: In order to produce the most accurate and granular data, battery capacity and metal deployed numbers in the Adamas Intelligence EV Battery Capacity and Battery Metals Tracker do not include cars leaving assembly lines, those on dealership lots or in the wholesale supply chain; only end-user registered vehicles are considered.

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