Felix Hamer • electricfelixhjesanderson: ✍️
"After 2020, BYD’s growth accelerated. By 2021, BYD had produced over 1 million vehicles. It had taken 13 years. It then took just a year to get to 2 million cars
Then half a year to get to 3 million, and then just 5 months to get to 4M"
#LFP voltrush.substack.com/p/the-batter...
"In just 5 years, China’s EV market flipped the script on battery technology.
Back in 2018, 80% of China’s EVs ran on nickel-cobalt-manganese (NCM) lithium-ion 🔋🔋
These batteries are mostly made up of nickel (Indonesia), w/ cobalt from Congo
Today, less than 20% do" #LFP
#battchat #BYD #CATL
"Analysts predicted that LFP batteries would make up between 15% to 40% of the EV market by 2030. That now looks like a big underestimate."
#battchat #alwaysbecharging #NCM #LFP
voltrush.substack.com/p/the-batter...
