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RealLi: Analysis of NCA Chemistry Lithium-ion Battery in China

The adaption of NCA batteries in the power tool market is growing steadily, increasing from 0.95GWh in 2016 to 171GWh in 2018. Taking into account that the power tool market consists entirely of cylindrical li-ion batteries, which is a perfect match for NCA chemistry system. We estimate that by 2020, the NCA production capacity will reach 2.44GWh, occupying more than 40% of market share. Currently the main suppliers of NCA battery manufacturer are Samsung SDI, LG Chem, Panasonic and Jiangsu Tenpower.

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