In 2021, 54% of battery capacity deployed onto roads globally in new plug-in electric vehicles was powered by “high nickel” cathode chemistries (i.e., NCM 6-, 7-, 8-series, NCA, NCMA); 26% by “low nickel” cathodes (i.e., NCM 5-series and lower); and 20% by “no nickel” cathodes (i.e., primarily LFP), according to.
Adamas Intelligence reports that 54% of battery capacity deployed onto roads globally in new plug-in electric vehicles was powered by high nickel cathode chemistries.