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InsideEVs
InsideEVs
Technology
Mark Kane

SNE Research: Global xEV Battery Market Exceeded 296 GWh In 2021

SNE Research

The global xEV (BEVs, PHEVs, HEVs) battery market more than doubled in 2021, but not all of the top battery manufacturers enjoyed such high growth.

According to SNE Research, the total battery capacity installed in all xEVs (passenger and commercial vehicles) registered in 2021 amounted to 296.8 GWh, which is 102.3% more than in 2020. That's a little bit more than in the case of the Adamas Intelligence's report (286.2 GWh), which however excluded commercial vehicles (probably around 20 GWh or so).

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