Chemistry & Cell Components

Chemistry & Cell Components

NCA | Technology

NCA | Technology

Pros and Cons of Nickel Cobalt Aluminum (NCA) vs. Nickel Manganese Cobalt (NMC) S

NCA Strength

NCA Weakness

NCA Opportunity

NCA Threat

Safety

Energy Density

Weight

Cost

Safety

Ni/Co supply chain

Low/mid-range/ entry-level EVs

Power Tools

Portable electronics

NMC

High-voltage LNMO

Increasing Ni and Co material cost

NMC Strength

Energy density

Low temperature performance

Power

Strong battery supply chain

High recycle value

NMC Weakness - Cost - Safety - Ni/Co supply chain

Source: Battery Talk: Battery Application Break Down 1/01/2024 (Version 2.0)

NMC Opportunity - Long range/ high-end EVs - Stationary storage - e-Bus, e-Bicycle, e-Motorcycle - Power tools / performance sensitive applications

NMC Threat - LFP - High-voltage LNMO - Increasing raw material cost

In 2023, Nickel Cobalt Aluminum (NCA) batteries continued to be a prominent technology in electric vehicles and portable electronics. Development progress was made in optimizing electrode materials, enhancing energy density, and improving overall performance. Major players like Panasonic and Samsung SDI, the first of which supplies batteries to Tesla, contributed to the advancement and widespread use of NCA batteries in various applications. NCA batteries are primarily used for e-mobility applications, with power tools, e-bikes, and portable electronics making up the rest.

Extracted from the PDF; charts and images may read imperfectly.