May 23, 2024
Video: China’s dominance drives global battery trends, says Adamas Intelligence
“They produce more than they sell inside the country. So, if you want to look at trends, you must start in China,” Els, head of Adamas Inside, told The Northern Miner’s western editor, Henry Lazenby, last month during the Energy Transition Metals Summit in Washington, D.C. Els, who’s also editor-at-large with The Northern Miner’s sister publication MINING.COM, pointed out that battery chemistry is quickly evolving. Following a shift toward lithium iron phosphate (LFP) batteries that began in China in 2020, over half of the EVs sold there are LFP. The chemistry, which is cheaper than others, is also lower density.