Asia Leads The Passenger EVs Battery Deployment Surge in 2019
Published On 19-Feb-2020 08:48:32
Posting 27 per cent rise, Asia Pacific ranks first followed by Europe in the y-o-y growth report
With electric vehicles drumming the headlines globally, a report of Adamas Intelligence reveals that the total deployment of EV batteries globally registered a growth of 30 per cent at 95.6 GWh in 2019 compared to the previous year. The distribution of the deployment was uneven worldwide, it states.
The major chunk of the 95.6 GWh was deployed in the Asia Pacific region which saw a year-on-year rise of 27 per cent to 50.9 GWh followed by Europe at 89 per cent to 23.9GWh. The prime reason for the surge in numbers is the emerging nature of these markets. Contrarily, the electric automotive market in developed countries posted marginal growth.
The reports states, “Battery capacity deployment in the America came in at a mere 20.5 GWh, just 1 per cent higher than the year prior, while deployment in the Middle East and Africa, combined, jumped 57 per cent year-over-year to 0.17 GWh.”
Analysing the figures for each category of electric vehicle in the report, it is evident that the majority of the battery deployment in 2019 was for battery electric vehicles (BEVs). It consumed 90 per cent of the stock. Tesla Model 3, Chevy Bolt, Nissan LEAF, Hyundai Ioniq and BMW i3 are some of the BEVs retailed worldwide.
The next biggest consumer was plug-in hybrid electric vehicles (PHEVs) at 7 per cent followed by hybrid electric vehicles (HEVs) at 3 per cent. Kia Niro, Mitsubishi Outlander, Volvo XC60 T8, Hyundai Ioniq are available as PHEVs whereas the Honda Accord, Toyota Prius, Toyota Camry are offered as HEVs globally.
Earlier, the report analysed the first half of 2019 and stated that the total battery deployment in the new electric vehicles globally saw massive growth of 89 per cent to 46.3 GWh compared to the corresponding period previous year.
The rise in EV sales worldwide due to the high demand in BEVs relative to HEV sales led to the consumption of more batteries. This resulted in a bump of 52 per cent in the average electric vehicle’s battery capacity to 19.7 kWh from the earlier 12.9 kWh during the same period.
