Global Passenger EV, Hybrid Battery Market Expanded 40% In 2023

  • 📰 InsideEVs
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

The global passenger xEV (BEVs, PHEVs, HEVs) battery market continued to expand quickly in 2023, reaching about 690 GWh.

The global passenger xEV battery market continued to expand quickly in 2023, partially thanks to record vehicle sales and partially because the average battery capacity is increasing. According to Adamas Intelligence in 2023, about 689.2 gigawatt-hours of battery capacity was deployed onto roads globally in all newly sold passenger xEVs. That's about 40% more than a year ago, the company estimates.

5 GWh Adamas Intelligence also noted that the 2023 volume alone is worth 37% of all battery capacity ever deployed. 2023's 690 GWh is more than the volume deployed in eight years, from 2014 and 2021 combined. Top brands While close to 200 brands contributed to the total result, only 16 managed to exceed 10 GWh, while two—Tesla and BYD—were above 100 GWh. Tesla deployed 132.1 GWh of batteries, according to the report, 37% more than a year ago. BYD achieved 101.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 579. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

K-Pop, SEVENTEEN Dominate IFPI Global Album Award 2023SEVENTEEN nab their first IFPI Global Album Award with 'FML.'
Source: billboard - 🏆 112. / 63 Read more »

US led global oil production for sixth straight year in 2023The Energy Information Administration released a report finding that the U.S. led the world in oil production for the sixth consecutive year, topping Russia and Saudi Arabia.
Source: FoxBusiness - 🏆 458. / 53 Read more »

2025 Porsche Panamera 4 E-Hybrid and 4S E-Hybrid expand lineupThe third-generation Porsche Panamera lineup has grown to three plug-in hybrid models.
Source: motorauthority - 🏆 61. / 68 Read more »

Mercedes-AMG E53 Hybrid: A Powerful Plug-In Hybrid with Impressive RangeThe new Mercedes-AMG E53 Hybrid is a plug-in hybrid car capable of delivering up to 612hp and up to 62 miles of pure electric range. This announcement comes at a time when car makers are realizing that the transition to full electrification will be slower and more gradual than previously thought. The E53 Hybrid is seen as a significant step towards answering the challenges of electric mobility. The car features a 3.0-litre twin-turbocharged petrol straight-six engine that produces 443hp, along with a 161hp electric motor.
Source: PistonHeads - 🏆 553. / 51 Read more »

2023 Fish Fry Guide: List of weekly Lenten dinners in Central OhioHere’s where to get your fish fry and Lenten dinner in Central Ohio!
Source: wsyx6 - 🏆 444. / 53 Read more »

Austin airport sees record number of travelers in 2023More than 22 million travelers passed through ABIA last year, beating the record set just the year before by a million passengers. Here's what some travelers had to say about their airport experience and the city's plan on increasing capacity.
Source: KUT - 🏆 77. / 68 Read more »