Rho Motion

Rho Motion provides actionable intelligence on the EV & Battery, Charging & Infrastructure markets via our monthly assessments, databases and long-term outlooks

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Are battery makers shifting towards high voltage mid-nickel?

Since the beginning of 2024, high-voltage (HV) mid-nickel cathode materials began development for batteries in the electric vehicle and portables markets, mainly led by Chinese and Korean players. Mid-nickel cathode material is set to account for an increasing market share in coming years due to the emergence of high-voltage variants. Manufacturers including CATL, Sunwoda, CALB are already using it and LGES plans to introduce in 2025.

In our recently released Q1 EV & Battery Quarterly Outlook, we provide an in-depth focus on high voltage mid-nickel, outlining the latest advancements and what it could mean for battery makers, OEMs and the wider supply chain.

If you are keen to learn more about this area, click here to request a demo of our outlook: https://t.co/e87aqDMumq

One of our team will be happy to walk you through the technology spotlight section of the report and share our latest battery market insights with you.

#EVBattery #EVBatteryMarket #Nickel #RhoMotion

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Which are the top 20 countries for battery energy storage capacity?

In the infographic below, produced by @VisualCap, using data from Rho Motion’s BESS database, we can see that China accounts for approximately two thirds of the installed capacity of grid scale BESS worldwide.

However, in the coming years other markets will grow significantly, fuelled by falling lithium-ion cell prices, and renewables buildout. Within Europe, the UK has by far the largest installed capacity with 7.5GWh. Other notable markets include Australia and Chile which in recent years have built out significant capacity. Elsewhere the industry remains in its nascency, with market maturity and pipeline development yet to be fully realised.

Read our full article here: https://t.co/gqjRNegrjH

This data is taken from our BESS Monthly Database. The database provides a project-by-project status update of grid-scale stationary storage projects. It tracks status updates, capacity, duration and technology trends, and provides data across the ESS supply chain. Click here to request a demo of our database: https://t.co/EMAS2qRpQ5

#BESS #EnergyStorage #EnergyTransition #RhoMotion

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This data is taken from our EV Motors Monthly Assessment. To request a sample of the full report, click here: https://t.co/jBVyVheeAc

#EVMotors #EVMarket #EMobility #RhoMotion

[Rho Motion @rhomotion]

1.6 million EV motors deployed in January 2025

EV motor deployments fell by 38% in January off the back of a general decline in vehicle sales during the month. This was due to several factors, such as seasonality, as vehicle sales generally fall in January following the Christmas and New Year holidays. Additionally, the 2025 Chinese New Year came at the tail end of January, consequently leading to a 43% decline in Chinese vehicle sales. Nevertheless, motor deployments rose 14% year-on-year.

In terms of market share by technology, PMSM deployments are in the lead as expected at 85.6%, Induction motors slid to 11.6%, while EEMS rose slightly to just under 3%.

This data is taken from our EV Motors Monthly Assessment. To request a sample of the full report, click here: https://t.co/HaGqEU9b7d

#EVMotors #EVMarket #EMobility #RhoMotion

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This data is taken from our Battery Energy Stationary Storage Monthly Assessment. To request a copy of the full report, Click here:  https://t.co/dBQbE7IlDo

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10.3GWh global grid deployments in February 2025.

Europe contributed significantly to global BESS deployments in February 2025 with over 1.2GWh entering operation, along with the US also contributing over 1GWh. China remains a regional leader, deploying over 70% of operational capacity in 2025 YTD.

This data is taken from our Battery Energy Stationary Storage Monthly Assessment. To request a copy of the full report, Click here:  https://t.co/R0UdPw4Ixc

#BESS #EnergyStorage #RhoMotion

[Rho Motion @rhomotion]

How are US automakers responding to the fading EV tax credit?

With the EV tax credit expected to be phased out, many OEMs are working to maximise its impact while it lasts. Currently, all new EV purchases that qualify for the 30D tax credit are eligible for the full $7,500. Meanwhile, leasing deals are leveraging the $7,500 commercial vehicle tax credit, with more than half of those sampled offering an effective monthly cost below 1% of MSRP—typically a strong value indicator.

Our analyst team explore this further in our Q1 EV & Battery Quarterly Outlook highlights presentation. Click here to request the full presentation: https://t.co/GDm8tzI6fY

The report also covers:

• 2024 full year vehicle sales and battery demand results and 2025 expectations
• High voltage mid-nickel's impact as a new chemistry
• The impact so far of the EU's tariffs on Chinese BEVs
• Tesla's weak start to the year
• How our OEM forecast compares to OEM targets

#EVBattery #EVBatteryMarket #RhoMotion

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This data is taken from our Battery Recycling Capacity Database. To request a copy of the full report, Click here to request the full report: https://t.co/toqhRZM9HW

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Recycling inputs reach 2.9 million tonnes in February 2025

In February 2025, global pre-treatment capacity remained similar m-o-m at over 2.9 million tonnes, with few project developments receiving updates across all regions. Refining capacity is expected to remain insufficient outside Asia with few projects showing noticeable development in the coming months.

To learn more, keep scrolling.

This data is taken from our Battery Recycling Capacity Database. To request a copy of the full report, Click here to request the full report: https://t.co/pBnK4zS3Tu

#BatteryRecycling #RecyclingCapacity #RhoMotion

[Rho Motion @rhomotion]

This data is taken from our Battery Recycling Capacity Database. To request a copy of the full report, Click here to request the full report: https://t.co/toqhRZM9HW

[Rho Motion @rhomotion]

Recycling inputs reach 2.9 million tonnes in February 2025

In February 2025, global pre-treatment capacity remained similar m-o-m at over 2.9 million tonnes, with few project developments receiving updates across all regions. Refining capacity is expected to remain insufficient outside Asia with few projects showing noticeable development in the coming months.

To learn more, keep scrolling.

This data is taken from our Battery Recycling Capacity Database. To request a copy of the full report, Click here to request the full report: https://t.co/pBnK4zS3Tu

#BatteryRecycling #RecyclingCapacity #RhoMotion

[Rho Motion @rhomotion]

What EV market share do Chinese OEMs have overseas?

In the below infographic, produced by the team at @VisualCap , we can see that China holds 62% of the global EV market. Over 17 million EV units were sold in 2024, as Chinese manufacturers aggressively pursued international opportunities with affordable vehicles that undercut local competitors.

However, market access has varied significantly across regions. The US and Canada are the only markets where Chinese-made EVs have no presence. The US has taken a firm stance against Chinese EVs, imposing a 100% tariff in 2024, and more recently enacting laws banning Chinese technology in EVs on US roads. Given its deep economic ties with the US, Canada followed suit with identical tariffs.

Read our full article here: https://t.co/vSSWRjmKuY

This data is taken from our EV Sales Quarterly Outlook. The outlook provides a comprehensive view of the EV market, tracking penetration rates and regional progress. Click the link in the comments below to request a demo of the outlook.

#EVSales #EVMarket #EVIndustry #RhoMotion

[Rho Motion @rhomotion]

EV Charging in 2025 - a shift from mass expansion?

Global public charging networks continued to expand in 2024, though year-on-year momentum slowed slightly, with China’s deceleration impacting the global total. Europe led the growth, despite financial pressures on CPOs and ongoing grid connection challenges.

Europe recorded the largest y-o-y expansion in 2024, despite uncertainty in short-term EV sales and increasing financial pressure impacting charge point operators (CPOs).

Looking ahead to 2025, we expect steady growth as CPOs focus on boosting utilisation and shifting from mass expansion to a more targeted approach, with retail charging outpacing other segments. With new challenges and technologies entering the market, how are CPOs adapting their strategies?

Request a demo of our EV Charging Quarterly Outlook to discover our country-focused analysis, charging station economic insights, and more – click here: https://t.co/qtg2SzAYSY

#EV #EVCharging #EVInfrastructure #RhoMotion

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This data is taken from our Battery Energy Stationary Storage Monthly Assessment. To request a copy of the full report, click here: https://t.co/dBQbE7ITsW #BESS #EnergyStorage #RhoMotion

[Rho Motion @rhomotion]

13.6GWh global grid deployments in January 2025.

January 2025 was the strongest first month of the year on record! In the grid market, over 13GWh entered operation across 81 projects – a y-o-y increase of 94%. Two projects over 1GWh entered operation – one 2GWh BESS in Saudi Arabia, and a 1.2GWh BESS in Hubei, China. Only three projects were technologies other than lithium-ion; all three were vanadium flow batteries located in China collectively amounting to 90MWh.

This data is taken from our Battery Energy Stationary Storage Monthly Assessment. To request a copy of the full report, click here: https://t.co/R0UdPw4Ixc

#BESS #EnergyStorage #RhoMotion

[Rho Motion @rhomotion]

Click here to request the full report: https://t.co/toqhRZM9HW

[Rho Motion @rhomotion]

Recycling inputs reach 2.95 million tonnes in February 2025

Global pre-treatment capacity rose by around 5% m-o-m to 2.95 million tonnes, primarily driven by China. Overcapacity is expected to persist in the coming months as both delayed and new plants, mainly in China, are set to come online.

To learn more, keep scrolling.

This data is taken from our Battery Recycling Capacity Database. To request a copy of the full report, click here: https://t.co/pBnK4zS3Tu

#BatteryRecycling #RecyclingCapacity #RhoMotion