The chart below shows global monthly EV sales and battery demand from March 2020 – March 2021. This data is taken from our EV Battery Chemistry Monthly Assessment, highlights from the latest issue include:

• Ultium Cells LLC, General Motor’s and LG Energy Solution’s JV, announced investment of more than $2.3 billion for the construction of its second US battery cell plant
• Ford plans to open a research and development lab in 2022 to test and build solid-state and lithium-ion battery cells and cell arrays
• March 2021 PC & LDV EV sales were 497,000, with YTD 2021 sales at 1.1 million

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