Market share of EV battery types - China vs rest of world 2020

Published by
Mathilde Carlier,
Oct 24, 2023
This statistic shows a chemistry segmentation of batteries used in electric vehicles (EVs) in 2020, by key region and market share. In 2020, it is expected that the NMC-811 batteries will have a market share of about 32 percent in Chinese EV batteries, according to McKinsey.

Chemistry segmentation of batteries used in electric vehicles worldwide in 2020, by key region and market share

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Release date

April 2018

Region

Worldwide

Survey time period

2016

Supplementary notes

LMO: Lithium cobalt oxide

LFP: Lithium iron phosphate

NCA: Lithium nickel cobalt aluminum oxide br>
NMC: Lithium nickel manganese cobalt oxide br>
NMC-622 and NMC-811: the numbers denote the ratio of nickel, manganese, and cobalt on a mole fraction basis
Excluding other battery demand segments, according to the source.

The values are projections.

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Overview

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Revenue

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Capacity and demand

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Minerals

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Lithium

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Companies

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Sustainability

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