In Q3 2022, greater than 77,000 tonnes of lithium carbonate equal (LCE) had been deployed within the cells of not too long ago bought passenger plug-in autos globally, 70% greater than was deployed in the identical interval the 12 months earlier than, in line with Adamas Intelligence.

Within the Asia Pacific area, LCE deployment rose 100% year-over-year in Q3 2022 to 49,000 tonnes, and over the identical interval there was a 91% improve in plug-in car gross sales.

In Europe, deployment rose 18% year-over-year in Q3 2022 to 16,600 tonnes. There was a 4% improve in plug-in car gross sales over the identical interval.

Within the Americas, deployment rose 70% year-over-year in Q3 2022 to 11,300 tonnes, and over the identical interval there was a 42% rise in plug-in car gross sales.

In Q3 2022, 58% of all LCE deployed onto roads globally was attributed to China, 13% to the US, and 6% to Germany. Collectively, these three international locations captured 77% of the worldwide market, up from a mixed 71% in Q3 2021.

In Q3 2022, 59% of LCE items deployed onto roads in passenger plug-in autos had been derived from lithium carbonate (in comparison with 54% in Q3 2021) and 41% from hydroxide (in comparison with 46% in Q3 2021). This means that LFP and NCM 5-series cells proceed to realize market share from high-nickel batteries that use lithium hydroxide, like NCM and NCA.

As of Q3 2022, there are 537 distinctive passenger plug-in car fashions out there on the market globally (and 749 variations of these fashions), per knowledge from Adamas. However the Tesla Mannequin Y alone accounted for greater than 10% of all LCE deployed onto roads globally in Q3 2022 and for greater than 15% together with Tesla Mannequin 3.

Supply: Adamas