High-capacity EVs push global battery capacity up 94% from last year

In March 2019, 9.76 GWh of passenger EV battery capacity was deployed globally, an increase of 94% year-over-year, according to Adamas Intelligence’s monthly report “EV Battery Capacity Monthly.”

Adamas says this increase in battery capacity is especially remarkable considering that global EV sales increased by a mere 25% over the same period, showing that a far greater number of high-capacity EVs, like the Tesla Model 3, were sold this March than in March 2018.

Corroborating the trend, Adamas also reported that the sales-weighted average passenger EV battery capacity deployed in March 2019 was 55% higher than in March 2018.

Source: Adamas Intelligence