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Report: Tesla consumed more lithium than next four EV makers combined in 2020

In 2020, Tesla deployed 18,700 tons of lithium carbonate equivalent (LCE) in the batteries of its new EVs, more than the next four EV makers (BYD, VW, Renault and Audi) combined, according to the report EV Battery Capacity and Battery Metals Tracker by Adamas Intelligence.

In total, 67% of Tesla’s 2020 lithium consumption was driven by the Model 3, 17% by the Model Y and the remaining 16% by Models S and X.

By region, 47% of Tesla’s lithium consumption in 2020 rolled onto roads in North America, 34% in the Asia Pacific region, 19% in Europe and less than 1% elsewhere.

Through the first three quarters of 2020, 100% of Tesla’s lithium consumption was in the form of lithium hydroxide. However, with the late-2020 release of Tesla’s made-in-China Model 3 Standard Range, powered by CATL’s LFP cells, this share dropped to 84%.

Source: Adamas Intelligence

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