5 cell suppliers responsible for 78% of global EV battery cobalt demand in 2019 – Green Car Congress

Tierr@_de_N@die: A cobalt demand increase of 34% in 2019.  And almost the 80% of this demand is explained by 5 cell suppliers: CATL, LG, Panasonic, BYD and Samsung. None of them from Europe or US. Who is going to take the main incomes of the electric car revolution?

In 2019, more than 14,400 tonnes of cobalt were deployed globally in batteries of newly sold passenger battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs), an increase of 34% over the year prior, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.

Source (greencarcongress.com): Adamas: 5 cell suppliers responsible for 78% of global EV battery cobalt demand in 2019 – Green Car Congress