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24 04 2019 02

Shifting cathode chemistries and strong BEV/PHEV sales relative to HEV sales driving accelerated deployment of lithium

In February 2019, 76% more lithium carbonate equivalent (LCE) was deployed globally in batteries of newly-sold passenger EVs than the same month the year prior, according to a model-by-model build-up using Adamas Intelligence’s “EV Battery Capacity and Battery Metals Tracker”.

Among all metals and materials used in EV battery cathodes globally, LCE deployment in February 2019 saw the greatest gains versus the year prior speaking to the Chinese industry’s growing adoption of NCM cathodes in place of LFP cathodes, fueling an increase in LCE consumption per kWh of capacity deployed.

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