2019 PREVIEW: NCM811 batteries 'not likely' to be in EVs in 2019

Published: Wednesday, 09 January 2019

The penetration of nickel-cobalt-manganese (NCM) type-811 batteries into the Chinese electric vehicle (EV) industry will be quite limited in 2019, market participants have told Fastmarkets.

Cost and safety are the two major hurdles facing the use of NCM811 batteries, which include nickel, cobalt and manganese in a ratio of 8:1:1. This is despite the application of China’s 2018 EV subsidy policy, which raised the usability threshold at which EVs would receive subsidies by requiring a...

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