Despite weak EV sales, total battery capacity increased 69% YOY in April 2019

Despite weak EV sales growth in April 2019 compared to the same month the year prior, total battery capacity deployed in newly-sold EVs increased markedly over the same period, according to Adamas Intelligence’s EV Battery Capacity Monthly.

While total EV sales increased just 19.6% over the previous April, the industry deployed over 6.7 GWh of battery capacity in passenger EVs, PHEVs and hybrids globally – an increase of 69.4% over the same month last year.

This rapid growth in battery capacity stems from strong sales of high-capacity, long-range EVs like the Tesla Model 3, BYD Yuan, Nissan Leaf and Hyundai Kona, among others.

Continuing the trend Charged noted in March 2019, data from Adamas Intelligence also indicates that the sales-weighted average battery capacity increased 41.6% between April 2018 and April 2019, from 13.7 kWh to 19.4 kWh.

Source: Adamas Intelligence