Global Passenger xEV Battery Market In 2022: 488.3 GWh (Up 70%)

, during the 12 months of 2022, about 488.3 gigawatt-hours of battery capacity was deployed onto roads globally in all newly sold passenger xEVs. That's about 70.2 percent more than a year ago.

Batteries for commercial xEVs, energy storage systems, or other applications are not included in the numbers.The second half of the year brought a new record of 291.7 GWh , which is also about 50 percent more than in H1 2022. For reference, in the 12 months of 2021, 286 GWh were deployed, while in 2020 it was 134.5 GWh. The progress is very fast and with all the new battery factories under construction, the market still accelerates.

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