Adamas Intelligence’s report also points out that 2021 saw a record 286.2 GWh deployed onto roads in the batteries of new passenger EVs globally, a 113% leap over 2020.
A chemistry game
The firm’s dossier mentions that 54% of battery capacity deployed onto roads globally in new plug-in electric vehicles was powered by high nickel cathode chemistries or NCM 6-, 7-, 8-series, NCA, and NCMA; 26% by low nickel cathodes or NCM 5-series and lower, and 20% by no nickel cathodes, primarily LFP.
“Regionally, deployment of high nickel chemistries was most prevalent in the Americas on the back of Tesla, VW, Ford, Hyundai and others, while the deployment of no nickel cells was most prevalent in Asia Pacific, and particularly China, on the back of Tesla, BYD, SGMW, Great Wall and a long list of others,” the document states.
“Like the Americas, Europe saw minuscule deployment of no nickel cells onto roads in 2021 but unlike the…
