China reports significant increase of power battery output

http://en.people.cn/n3/2022/0814/c90000-10134947.html

According to the China Automotive Battery Innovation Alliance, China’s output of power batteries surged 175.6 percent year on year to 253.7 GWh in the first seven months of 2022. 153.8 GWh of lithium iron phosphate batteries were produced, up 227.1 percent from a year ago, and the output of ternary lithium batteries stood at 99.5 GWh, up 121.9 percent year on year. A total of 134.3 GWh of batteries were installed in electric vehicles in China during the period.

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