The year 2019 closed with about 95.6 GWh of batteries deployed in new passenger xEV (BEV, PHEV, HEV) cars, according to the Adamas Intelligence.

It's some 30% more than in 2018, and hopefully, at least a similar growth rate will be seen this year also.

Interestingly, almost all of xEV batteries were used in plug-in electric cars:

  • BEVs: 90% (86 GWh)
  • PHEVs: 7% (6.7 GWh)
  • HEVs: 3% (2.9 GWh)
  • other: 1%

Geographically, the highest growth was seen in Europe, although China is still a bigger market than the rest of the world combined:

  • Europe: 23.9 GWh (up 89% year-over-year)
  • Asia Pacific: 50.9 GWh (up 27% year-over-year)
  • North America: 20.5 GWh (up 1% year-over-year)
  • Middle East and Africa: 0.17 GWh (up 57% year-over-year)

As a reminder, we'll just add that the Tesla Gigafactory is currently producing batteries at a rate of around 35 GWh annually (with an option for 54 GWh according to Panasonic).

Source: Adamas Intelligence

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