The rise was pushed by surging gross sales development within the Americas (135% year-over-year), Europe (124% year-over-year), and Asia Pacific (94% year-over-year) because the market strikes previous 2020’s pandemic-induced malaise.
Within the Asia Pacific, EV gross sales almost doubled year-over-year in H1 2021, translating to a 172% enhance in watt-hours of battery capability deployed onto roads versus the identical interval the 12 months prior, and a 165% enhance in lithium, 96% enhance in nickel and 95% enhance in cobalt deployed onto roads over the identical interval.
Adamas additionally discovered the full international battery capability deployment onto roads in all newly bought passenger EVs mixed amounted to 108.0 GWh in H1 2021, 157% greater than was deployed globally within the comparable year-earlier interval.
Throughout the first half of this 12 months, Tesla continued to ‘lead the pack’ by battery capability deployed onto roads globally, deploying extra watt-hours into newly bought EVs than its six closest rivals mixed.
Seven cell suppliers globally (CATL, LG Power Answer, Panasonic, Samsung SDI, BYD, SK Innovation and CALB) have been collectively liable for greater than 90% of all battery capability and battery metals deployed onto roads globally in passenger EVs in H1 2021.
Throughout this era, CATL deployed 253% extra watt-hours of battery capability onto roads globally than the identical interval the 12 months prior, translating to a 238% enhance in lithium, 185% enhance in nickel, and 170% enhance in cobalt deployed onto roads over the identical interval.
Throughout the newest interval, deployment (in watt-hours) of lithium iron phosphate cells elevated 1,500% versus the primary half of 2020, resulting in near-stagnation within the common quantity of nickel and cobalt consumed per EV bought.
Additionally, in the course of the first half of 2021, all newly bought passenger EVs mixed amounted to 65,700 tonnes of lithium carbonate equal (LCE) deployed onto roads globally, a rise of 155% over the primary half of 2020. Of this quantity, 51% of LCE models have been deployed as carbonate and 49% as hydroxide.
With a surge in battery-EVs and plug-in hybrid-EV gross sales globally within the second half of 2020, coupled with the resurrection of lithium-rich LFP cells in China, the sales-weighted common quantity of LCE deployed per EV bought globally within the interval was 16.2 kilograms. This displays a rise of 24% over the identical interval the 12 months prior.
Notably, 58,900 tonnes of nickel have been deployed onto roads globally within the batteries of all newly bought passenger EVs mixed, 115% greater than a 12 months earlier.
Adamas additionally discovered the amount of cobalt deployed in batteries rose 115% year-on-year to 12,600 tonnes in all newly bought passenger EVs mixed.