Adamas: LFP market share drops to 6% in global passenger EV batteries in 2019; potential comeback in 2020 with cell-to-pack
Green Car Congress
MARCH 6, 2020
Overall, the combined global market share of ternary cathodes (including NCM and nickel-cobalt-aluminum (NCA) varieties) in passenger EV batteries reached 90% in 2019, up from 83% in 2018. Adamas said that it views the renewed adaptation of LFP as a reflection of diversifying market needs.
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