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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). China-based CATL, the world’s top supplier, expanded its market share from 32% in 2021 to 34% in 2022.

Li-ion 458
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Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

Green Car Congress

On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. The total value of the contract is reported to be US$630-880 million, with Yahua Lithium to provide battery-grade lithium hydroxide to Tesla from 2021 to 2025.

Chinese 305
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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Disruptive innovation is typically a Silicon Valley buzzword and not one commonly associated with discussions of gasoline markets. If a million low-speed electric vehicles displaced a million gasoline-powered midsize sedans from the market, about 15,000 barrels per day of gasoline demand could effectively be lost, Collins said.

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Adamas Intelligence: record 286.2 GWh deployed onto roads in passenger EV batteries in 2021; up 113% y-o-y

Green Car Congress

GWh deployed onto roads globally (31% of the global total)—a 204% increase over 2020 on the back of an ever-broadening book of supply agreements with Chinese, European and North American automakers. Collectively, CATL, LG Energy Solution and Panasonic claimed 67% of the global market in 2021 versus a combined 71% the year prior.

Batteries 414
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Tesla share of Australia EV market falls below 50 pct as Chinese brands make their marque

The Driven EV News

Tesla's EV market share in Australia has dropped below 50 pct in the latest month, as lower cost Chinese brands gain market share. The post Tesla share of Australia EV market falls below 50 pct as Chinese brands make their marque appeared first on The Driven. Includes sales data for all models.

Australia 133
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JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

It was one of the highest increases among all car categories on the global market, which can be explained by several factors, JATO said. Chinese demand for EVs soared throughout 2018, as the car-type gained more visibility among consumers, due in part to their promotion by local governments for their environmental impact.

2018 273
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IDTechEx: despite efforts to reduces rare-earth use, percentage of permanent magnet-based EV motors rising

Green Car Congress

While there has been much publicity and technical development towards rare-earth reduction in vehicle motors, in practice the market is seeing an increase in the number of permanent magnet motors. China accounts for the vast majority of rare-earth production worldwide and this has, in the past, led to huge price volatility.

Motoring 397