LG Chem used about the same amount of cobalt as Panasonic, but delivered less GWh
Cobalt is an important element for lithium-ion batteries used in electric cars. Manufacturers are developing new cells with less cobalt content (below 10% of cathode weight) to decrease costs and reliance on cobalt sources.
According to Adamas Intelligence, three top cell suppliers by total capacity in 2018 – Panasonic, LG Chem, CATL – deployed more cobalt than all the others combined.
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