EcoPro announced on August 17 that its cumulative sales of nickel-cobalt-aluminium (NCA) cathode materials have surpassed 300,000 tonnes as of the first half of this year (H1 2025). This amount is sufficient to produce around 3 million electric vehicles.
Since beginning commercial production of NCA cathode materials in 2008, EcoPro initially sold approximately 100,000 tonnes for power tools and electric bicycles by 2021. However, with the growing demand for electric vehicles and energy storage systems (ESS) batteries, the company has sold an additional 200,000 tonnes since 2022.
NCA cathode material was the first product developed by EcoPro after it entered the secondary battery industry in 2004. Known for its 20-30 per cent higher energy density compared to the widely used NCM (Nickel-Cobalt-Manganese) materials, NCA is more complex to produce, posing a higher technological barrier.