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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":768,"relatedVideos":769},164039404981666,"eef0e3d1-4daa-49f5-9b09-e9909c2253b6","Growing Chinese EV pack sizes help battery demand to grow despite falling EV sales","growing-chinese-ev-pack-sizes-help-battery-demand-to-grow-despite-falling-ev-sales","article/growing-chinese-ev-pack-sizes-help-battery-demand-to-grow-despite-falling-ev-sales",{"_uid":547,"date":548,"tags":549,"editor":562,"content":572,"excerpt":734,"featured":51,"reporter":735,"component":746,"seo_title":747,"categories":748,"visibility":755,"data_vis_image":756,"featured_image":761,"seo_description":765,"formattedDate":766,"formattedArticleDate":767},"a61f649a-df7e-4081-bd9a-0ef44a04c35f","2026-04-09 00:00",[550,553,556,559],{"slug":551,"name":552},"china","China",{"slug":554,"name":555},"data-visualisation","Data Visualisation",{"slug":557,"name":558},"europe","Europe",{"slug":560,"name":561},"ev-sales","EV Sales",[563],{"slug":564,"name":565,"content":566},"benjamin-roche","Benjamin Roche",{"job_title":567,"image":568,"bio":570,"linkedin":571},"Editor – Energy Transition Supply Chains",{"filename":569},"https://a.storyblok.com/f/287943243085208/800x800/66d6674fb8/benjamin-roche.png","Benjamin is Benchmark's Editor for Energy Transition Supply Chains, covering both upstream products like critical minerals and downstream products including energy storage systems and electric vehicles. He has previous experience covering trade flows, tariffs and the effects of geopolitics on supply chains.","https://www.linkedin.com/in/benjaminrochecontent/",{"type":573,"content":574},"doc",[575,604,613,623,635,643,651,657,679,687,696,704,712],{"type":576,"attrs":577,"content":578},"paragraph",{"textAlign":49},[579,587,599],{"text":580,"type":581,"marks":582},"Total battery demand from EVs grew 4% in the January and February 2026 compared to the same two-month period last year, despite ","text",[583],{"type":584,"attrs":585},"textStyle",{"color":586},"",{"text":588,"type":581,"marks":589},"sales of EVs",[590,597],{"type":591,"attrs":592},"link",{"href":593,"uuid":594,"anchor":49,"target":595,"linktype":596},"/article/global-ev-sales-reached-1-1-million-units-in-february-2026","c67ac4c5-ec20-418f-8ffb-364460a1918c","_self","story",{"type":584,"attrs":598},{"color":586},{"text":600,"type":581,"marks":601}," themselves falling by 8%. ",[602],{"type":584,"attrs":603},{"color":586},{"type":576,"attrs":605,"content":607},{"textAlign":606},"left",[608],{"text":609,"type":581,"marks":610},"The contraction in EV sales has been offset by a growing average battery pack size, resulting in a rise in battery demand for EV applications. Pack sizes have been growing in passenger cars and light duty electric vehicles (PC and LDV EVs). This trend has been supplemented by growing sales of electric buses and trucks, which have pack sizes several times larger than those for PC and LDVs.",[611],{"type":584,"attrs":612},{"color":586},{"type":614,"attrs":615},"blok",{"id":616,"body":617},"97c02a50-cc05-42ff-9b5a-8aa56d53528a",[618],{"id":619,"_uid":620,"type":621,"component":622,"fixed_height":586,"use_fixed_height":50,"fixed_height_mobile":586,"fixed_height_tablet":586},"28410359","i-233859b3-64f6-4df8-aafa-a4c440c60e5c","visualisation","ContentFlourish",{"type":624,"attrs":625,"content":627},"heading",{"level":626,"textAlign":606},2,[628],{"text":629,"type":581,"marks":630},"Growing PC and LDV EV pack sizes ",[631,633],{"type":584,"attrs":632},{"color":586},{"type":634},"bold",{"type":576,"attrs":636,"content":637},{"textAlign":606},[638],{"text":639,"type":581,"marks":640},"The average battery pack size in PC and LDV EVs has risen 10% YTD globally in the first two months of the year. In part, this is due to an increasing share of battery electric vehicles (BEV) rather than plug-in hybrids (PHEV). ",[641],{"type":584,"attrs":642},{"color":586},{"type":576,"attrs":644,"content":645},{"textAlign":606},[646],{"text":647,"type":581,"marks":648},"Within the BEV segment, the average pack size has grown 7% to 67kWh. This trend is most pronounced in China, where the average BEV pack size has grown 19% to 63kWh.",[649],{"type":584,"attrs":650},{"color":586},{"type":614,"attrs":652},{"id":616,"body":653},[654],{"id":655,"_uid":656,"type":621,"component":622,"fixed_height":586,"use_fixed_height":50,"fixed_height_mobile":586,"fixed_height_tablet":586},"28410861","i-e358bb2c-abd4-4754-99a3-18a514d4e993",{"type":576,"attrs":658,"content":659},{"textAlign":606},[660,665,674],{"text":661,"type":581,"marks":662},"BEV pack size growth in China has been encouraged by ",[663],{"type":584,"attrs":664},{"color":586},{"text":666,"type":581,"marks":667},"changes to the country's trade-in scheme",[668,672],{"type":591,"attrs":669},{"href":670,"uuid":671,"anchor":49,"target":595,"linktype":596},"/article/weakened-fiscal-support-impacts-china-s-ev-market","bb986c7d-3f1c-4405-8646-4bfd1affc910",{"type":584,"attrs":673},{"color":586},{"text":675,"type":581,"marks":676},". Previously, the scheme provided a flat subsidy of RMB20,000 (USD2,900) irrespective of price, resulting in significant discounts – over 60% for some smaller vehicles.  ",[677],{"type":584,"attrs":678},{"color":586},{"type":576,"attrs":680,"content":681},{"textAlign":606},[682],{"text":683,"type":581,"marks":684},"However, as of January 2026, the scheme now provides a subsidy worth just 12% of the EV’s list price, up to a maximum subsidy of RMB20,000 (USD2,900). The reduction in the trade-in scheme’s generosity has resulted in smaller EVs losing market share as consumers are no longer able to get the proportionally large discounts on these vehicles that they could previously. ",[685],{"type":584,"attrs":686},{"color":586},{"type":624,"attrs":688,"content":689},{"level":626,"textAlign":606},[690],{"text":691,"type":581,"marks":692},"Why does Europe’s average pack size not follow the global trend? ",[693,695],{"type":584,"attrs":694},{"color":586},{"type":634},{"type":576,"attrs":697,"content":698},{"textAlign":606},[699],{"text":700,"type":581,"marks":701},"Europe’s average PC and LDV EV pack size has fallen 3% in the first two months of the year compared to the same period in 2025, with BEVs average pack size falling 2%. Europe’s PC and LDV EV sales mix is moving in the opposite direction to China’s, with smaller segment vehicles slowly gaining market share.  ",[702],{"type":584,"attrs":703},{"color":586},{"type":576,"attrs":705,"content":706},{"textAlign":606},[707],{"text":708,"type":581,"marks":709},"This is supported by an increasing number of EV schemes in the region focusing on affordability and EV adoption among lower income households. Italy, Sweden and France have all introduced EV subsidy schemes of this nature in the past six months. The growth of smaller EVs in Europe has also been supported by vehicle manufacturers releasing several smaller EVs in Europe over the past 18 months, including the Ford Puma Gen-E, Kia EV3 and Kia EV4. ",[710],{"type":584,"attrs":711},{"color":586},{"type":576,"attrs":713,"content":714},{"textAlign":606},[715,720,729],{"text":716,"type":581,"marks":717},"Further support to smaller battery sizes in Europe could come from the EU’s new M1E classification for small EVs under 4.2m which contribute 1.3 credits towards carbon reduction targets. This classification also has less onerous “Made in EU” requirements under the European Commission ",[718],{"type":584,"attrs":719},{"color":586},{"text":721,"type":581,"marks":722},"proposed Industrial Accelerator Act",[723,727],{"type":591,"attrs":724},{"href":725,"uuid":726,"anchor":49,"target":595,"linktype":596},"/article/industrial-accelerator-act-adds-made-in-eu-requirements-for-automakers","f241906f-ea0d-4bcf-84e5-4ca9c212a23f",{"type":584,"attrs":728},{"color":586},{"text":730,"type":581,"marks":731}," than for larger EVs. ",[732],{"type":584,"attrs":733},{"color":586},"Total battery demand from EVs grew 4% in the January and February 2026 compared to the same two-month period last year, despite sales of EVs themselves falling by 8%. \n\nThe contraction in EV sales has been offset by a growing average battery pack size, resulting in a rise in battery demand for EV applications. Pack sizes have been growing in passenger cars and light duty electric vehicles (PC and LDV EVs). This trend has been supplemented by growing sales of electric buses and trucks, which have pack sizes several times larger than those for PC and LDVs.",[736],{"slug":737,"name":738,"content":739},"george-whitcombe","George Whitcombe",{"job_title":740,"image":741,"bio":743,"linkedin":744,"markets_covered":745},"Analyst - EV",{"filename":742},"https://a.storyblok.com/f/287943243085208/500x500/e5fa44ebf8/george-whitecombe.jpeg","George is an EV Analyst at Rho Motion, working in the EV & Battery research team. He works extensively on global EV sales and production analysis, considering the economic and legislative factors that influence both. He also focuses on the strategy of automotive OEMs in the transition to EVs and feeds that into the team’s view on global vehicle markets. George graduated from the University of Exeter with a First Class Honours degree in Politics, Philosophy and Economics.","https://www.linkedin.com/in/george-whitcombe-2320111b6/","EV and Battery","article","Growing Chinese EV pack sizes help battery demand to grow",[749,752],{"slug":750,"name":751},"batteries","Batteries",{"slug":753,"name":754},"ev","EV","private",{"id":757,"alt":586,"name":586,"focus":586,"title":586,"source":586,"filename":758,"copyright":586,"fieldtype":759,"meta_data":760,"is_external_url":50},164041116054315,"https://a.storyblok.com/f/287943243085208/1588x1386/d22a377d46/pc-ldv-ev-average-pack-size-by-region-three-month-rolling-average-2x.png","asset",{},{"id":762,"alt":586,"name":586,"focus":586,"title":586,"source":586,"filename":763,"copyright":586,"fieldtype":759,"meta_data":764,"is_external_url":50},129064779732327,"https://a.storyblok.com/f/287943243085208/b79626dceb/bm-aerial-view-directly-above-an-electric-vehicle-charging-station-with-parking-spaces-and-road-mark.jpg",{},"Total battery demand from EVs grew 4% in the January and February 2026 compared to the same two-month period last year, despite sales of EVs themselves falling by 8%. ","Apr 09, 2026","9th April 2026",[],[],1784908349695]