Summary:
In Jan. 2024, China's installed capacity of power battery was 32.3 GWh,
a YoY increase of 100.2% and a MoM decrease of 32.6%.
Output of power batteries
In
Jan. 2024, China had a total output of 65.2 GWh power batteries, a YoY
increase of 68.0% and a MoM decrease of 16.1%. Among them, the output of
ternary batteries was 22.7 GWh, accounting for 34.8% of the total
output, a YoY increase of 82.8% and a MoM decrease of 9.1%; the output
of lithium ferrous phosphate (LFP) batteries was 42.4 GWh, accounting
for 65.0% of the total output with a YoY increase of 60.7% and a MoM
decrease of 19.2%.
Installed capacity of power batteries
In
Jan. 2024, China's installed capacity of power battery was 32.3 GWh, a
YoY increase of 100.2% and a MoM decrease of 32.6%. Among the total
capacity, ternary batteries had a total installed capacity of 12.6 GWh,
accounting for 39.0% of the total installed capacity, a YoY increase of
131.9% and a MoM decrease of 23.9%; LFP batteries had a total installed
capacity of 19.7 GWh, accounting for 60.9% of the total installed
capacity, an increase of 84.2% YoY and an decrease of 37.1% MoM.
Sales of New Energy Vehicles
In
Jan. 2024, China sold 729,000 New Energy Vehicles (NEVs), a YoY
increase of 78.8%. Among them, the sales volume of Blade Electric
Vehicles (BEV) was 445,000, a YoY increase of 55.1%; the sales volume of
Plug-in hybrid electric vehicle (PHEV) was 284,000, a YoY increase of
135.0%.
Source:CCM
More infomration can be found at CCM Li-ion Battery China Monthly Report.
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