"4 February: The Battery Shipment Tracker with December data is uploaded to the Data Center. In 2021 a total of 297 GWh of battery capacity were installed in 6 765 300 BEVs & PHEVs & FCEVs (Light Vehicles) around the world. In terms of GWh this is +113 % higher than for 2020. Unit growth of BEVs and PHEVs was 108 %. The difference in growth relates to increasing battery size per vehicle and a higher share of BEVs in the mix. Worldwide, CATL led the year with 81,9 GWh installed, closely followed by LG with 71,6 GWh installed. #3 is Panasonic with 39,1 GWh. Fastest growing is BYD with 26,5 GWh installed, 172 % higher than the year ago. The tally is for Light Vehicles, including Passenger Cars, SUVs, MPVs, Vans and Pick-ups. NMC batteries are the most common type with 70 % share in all installations, but 2 %-pts tower than in 2020. LPF batteries increased their share from 5 % to 14 %. The installed LFP capacity was 42,2 GWh in 2021 and has now passed the NCA type. Tesla's Giga Nevada plant stood for nearly all the NCA volume of 36,3 MWh."
from ev-volumes.com
AKE Price at posting:
$9.23 Sentiment: Buy Disclosure: Held