EV Engineering News

NCM cathodes making headway in EV market

In April 2019, 6.7 GWh of battery capacity was deployed globally in newly-sold passenger BEVs, PHEVs and hybrids – an increase of 69% year-over-year, according to Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.

Among the NCM cathode family, NCM 622 saw a surge in deployment (in GWh) year-over-year, up 247% in April 2019 versus the same month the year prior.

Similarly, the more widely-used NCM 523 cathode chemistry saw an 87% jump in deployment year-over-year, expanding its already-imposing market share at the expense of legacy cathode chemistries.

Lastly, in April 2019 the nascent NCM 811 cathode chemistry saw a blistering 251% YOY increase in deployment, thanks largely to the recent launch of the Geely Geometry A EV and the BMW X1 xDrive25Le PHEV, the latter of which boasts a 24 kWh battery and 110 km of driving range. Chinese battery maker CATL supplies the cells for both models.

Although NCM 811 currently claims just 1% of the passenger EV market by GWh deployed, Adamas says its share is poised to rise further in the coming months with the release of the Nio ES6 EV and the GAC Aion S EV, both of which will also be equipped with NCM 811 cells from CATL.

Source: Adamas Intelligence

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