CATL Edged Out LG Energy Solution for the Lead by GWh Deployed in 2021 Q1
CATL, LG Energy Solution and Panasonic on the Podium
Through the first three months of 2021, Chinese cell supplier CATL edged out LG Energy Solution (“LGES”) for the lead by GWh deployed onto roads globally.
In 2021 Q1, CATL deployed a total of 13.3 GWh of battery capacity onto roads in newly sold passenger EVs globally, 12% more than the 11.9 GWh deployed globally by LGES, and 46% more than the 9.1 GWh deployed by third-placed Panasonic, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.
Despite Being Passed by LGES in February and March, CATL’s Strong January Performance Earned it the Lead in Q1
Interestingly, in both February and March 2021, LGES beat CATL by GWh deployed onto roads globally, however, in January 2021 CATL deployed 66% more capacity onto roads than LGES giving CATL a substantial early lead on the competition that translated into a Q1 victory.
CATL Crushed the Competition in China, Deployed More GWh Than Next 32 Cell Suppliers Combined
Through the first three months of 2021, CATL deployed 10.6 GWh of passenger EV battery capacity onto roads in newly sold passenger EVs in China, more than the next 32 cell suppliers combined, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.
CATL Deployed 11.5 GWh Onto Roads in Passenger EVs, Buses, Trucks and Special Purpose Vehicles
Taking into account an additional 0.7 GWh deployed by CATL into newly sold buses and 0.2 GWh deployed into heavy trucks and special purpose vehicles, Adamas Intelligence data indicates that CATL deployed a total of 11.5 GWh onto Chinese roads in 2021 Q1 versus a total of 12.2 GWh installed over the same period, according to the China Automotive Battery Innovation Alliance.
Looking forward, we expect to see CATL maintain its dominance in China in the months ahead and expect to see up-and-comers CALB and Gotion cement themselves among China’s top-five before challenging Samsung SDI and SK Innovation for a top-five spot globally.
More Data and Insights from Adamas Intelligence
Must-have intelligence for automakers, cell suppliers, battery materials manufacturers, miners, explorers, investors and other stakeholders with a professional interest in the EV, battery and battery materials industries.
We offer a number of interactive data tools and subscription-based reports for clients seeking regular updates, analysis, and insights into the fast-moving markets and supply chains that we cover.
EV Battery Capacity and Battery Metals Tracker
Building on ongoing EV registrations in over 80 countries, our web-based platform helps users track monthly deployment of battery metals and materials, battery capacity, and the ever-evolving competitive landscapes of battery chemistries and cell suppliers.
The tracker’s intuitive user interface and interactive charts and filters let users quickly zoom in on specific regions, countries, automakers, models, cell suppliers, battery chemistries, battery materials and more.
Subscription includes access to the online platform plus a wealth of Excel data, all updated monthly.
EV Motor Materials Monthly
Our new ‘EV Motor Materials Monthly’ is a subscription-based report and data service for tracking motor demand, NdFeB magnet demand, and other key developments in the global EV traction motor market month-after-month, as they happen; by region, country, motor type, EV type, EV make, EV model and motor supplier, plus the latest developments in rare earth and NdFeB alloy prices.
Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.
EV Battery Capacity Monthly
Our ‘EV Battery Capacity Monthly’ is a subscription-based report and data service for tracking monthly deployment of battery capacity (in MWh) in passenger EV batteries by country, region, EV make, EV model, cell supplier, cell chemistry, EV type and more.
Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.
EV Battery Lithium Monthly
Our ‘EV Battery Lithium Monthly’ is a subscription-based report and data service for tracking monthly deployment of lithium in passenger EV batteries by country, region, EV make, EV model, cell supplier, cell chemistry, EV type and more.
Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.
EV Battery Nickel Monthly
Our ‘EV Battery Nickel Monthly’ is a subscription-based report and data service for tracking monthly deployment of nickel in passenger EV batteries by country, region, EV make, EV model, cell supplier, cell chemistry, EV type and more.
Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.
EV Battery Cobalt Monthly
Our ‘EV Battery Cobalt Monthly’ is a subscription-based report and data service for tracking monthly deployment of cobalt in passenger EV batteries by country, region, EV make, EV model, cell supplier, cell chemistry, EV type and more.
Every report contains a detailed snapshot of the latest monthly market data, plus an additional 12 months of historical data for context and comparison. All reported monthly data available to subscribers in Excel format.
