As if more proof of the rapid evolution of the global EV market was required, independent research and advisory service Adamas Intelligence has released figures that demonstrate the phenomenal growth of battery deployment for EVs over the last 12 months.
Data from the company shows that 31.7GWhs of battery capacity was deployed globally in all newly sold xEVs (Battery EVs, Plug-In Hybrid EVs and Hybrid EVs) in September 2021 which is over double the capacity deployed in the same month in 2020.
Contemporary Amperex Technology Co Ltd (CATL), a Chinese battery manufacturer and technology, supplied over a third of the capacity with Korea’s LG Energy Solution in second with 19%. 37% of CATL’s battery output went into Tesla’s Model 3 and Model Y production, demonstrating the importance of Asia in EV technology development and supply.
Adamas Intelligence is now forecasting that over 100GWhs will deployed in the fourth quarter. If the forecast is correct, then total battery deployment for 2021, at around 300GWhs, will be more than double that of 2020.
Tesla can now produce 450,000 vehicles at its Chinese Gigafactory in Shanghai with rumours circulating that it is looking to acquire a second site.
Comprehensive Insurance
All our fleet rentals come with comprehensive cover. You are in safe hands.
Road Trip Ready
Long road trip planned? No problem.
Home Delivery Service
Fully trained delivery experts can come to you wherever you are.
Not Just EV's
We don’t only offer EV's here. We cater for all.
News
Keep up to date with the latest industry news and company updates below:
Andy has been very helpful in giving me a quotation, giving me splendid customer service despite me being unsure on whether I will be using their services! Amazing and quick customer treatment, hard to find in other car rentals.
Excellent service. Very professional and reliable service. Rented G63 for my 50th birthday and it helped make it a very special birthday. Andy was very helpful.
Right where do I start! 5* is underestimate! Literally EV Hire puts every single car hiring companies to Shame! I rented a vehicle from EV Hire during bank holiday weekend. I was very last minute to the point where I put in the request at 9.45pm on a Friday night for next day 12pm delivery. Daryl accepted the booking, and I got the confirmation within half and hour to say the booking is…
These guys are in a league of their own! I just had a first rental experience with EV Hire and it was as smooth as one can imagine. Daryl and his team would deliver and collect the car from you for fee, they are quick to respond, punctual to arrive and have a great fleet of electric cars and high end 4x4s available. Last but no least, approval process for non-UK driving licenses is very smooth and…
Absolutely wonderful service and the vehicles are outrageous. Daryl is a wonderful host and looks after you very well. 100% recommendation. Will definitely come back. P.S - the black raven is mind-blowing!