In May 2019, NCM 811 (cathode with nickel, cobalt and manganese in a ratio of 8:1:1) battery cell deployment in passenger EV batteries (MWh deployed) was 113% higher than the total capacity deployed in April, according to Adamas Intelligence’s latest “EV Battery Capacity Monthly” report. This increase lifts the total market share of NCM 811 (by capacity deployed) to 2%