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RPT-COLUMN-Battery metals buzz is back as Europe reboots EV sector: Andy Home

Column: Battery metals buzz is back as Europe reboots EV sector

Battery metals buzz is back as Europe reboots EV sector

Global Passenger xEV Battery Market Grows 60% Quicker Than xEV Sales

Global Passenger xEV Battery Market Grows 60% Quicker Than xEV Sales Mar 06, 2021 at 5:02pm ET ++ Out of the 92.5 GWh deployed in passenger xEVs globally in H2 2020, 88% falls on BEVs. The global passenger xEV (BEVs, PHEVs, HEVs) market is growing very fast, but the battery market continues to grow significantly faster, as the average battery capacity increases. According to Adamas Intelligence s 4th biannual ‘State of Charge: EVs, Batteries and Battery Materials’ report (by the way, it s free after registration), the number of global passenger xEV registrations increased in H2 2020 by 58% year-over-year to 93% year-over-year to 92.5 GWh. 88% of that (81.4 GWh) falls on BEVs, Only 10% (9.25 GWh) on PHEVs, and the rest are hybrids - 2% (1.85 GWh).

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