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
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.
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McKinsey & Company. (April 30, 2018). Chemistry segmentation of batteries used in electric vehicles worldwide in 2020, by key region and market share [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/964355/ev-batteries-elements-market-share-in-china-vs-rest-of-world/
McKinsey & Company. "Chemistry segmentation of batteries used in electric vehicles worldwide in 2020, by key region and market share." Chart. April 30, 2018. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/964355/ev-batteries-elements-market-share-in-china-vs-rest-of-world/
McKinsey & Company. (2018). Chemistry segmentation of batteries used in electric vehicles worldwide in 2020, by key region and market share. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/964355/ev-batteries-elements-market-share-in-china-vs-rest-of-world/
McKinsey & Company. "Chemistry Segmentation of Batteries Used in Electric Vehicles Worldwide in 2020, by Key Region and Market Share." Statista, Statista Inc., 30 Apr 2018, https://www.statista.com/statistics/964355/ev-batteries-elements-market-share-in-china-vs-rest-of-world/
McKinsey & Company, Chemistry segmentation of batteries used in electric vehicles worldwide in 2020, by key region and market share Statista, https://www.statista.com/statistics/964355/ev-batteries-elements-market-share-in-china-vs-rest-of-world/ (last visited December 26, 2024)
Chemistry segmentation of batteries used in electric vehicles worldwide in 2020, by key region and market share [Graph], McKinsey & Company, April 30, 2018. [Online]. Available: https://www.statista.com/statistics/964355/ev-batteries-elements-market-share-in-china-vs-rest-of-world/
