Cui Dongshu from the Passenger Car Association: In April, the installed capacity of power Batteries in China reached 54.1 GWh, a year-on-year increase of 52.8%.

Cui Dongshu, Secretary-General of the Passenger Car Association, released the market analysis for Lithium Batteries in Electric Vehicles for April. In April, the installed capacity of power Batteries in China was 54.1 GWh, a month-on-month decrease of 4.3%, and a year-on-year increase of 52.8%. Among them, the installed capacity of ternary batteries was 9.3 GWh, accounting for 17.2% of the total, with a month-on-month decrease of 7.0% and a year-on-year decrease of 6.3%; the installed capacity of lithium iron phosphate batteries was 44.8 GWh, accounting for 82.8% of the total, with a month-on-month decrease of 3.8% and a year-on-year increase of 75.9%. From January to April, the cumulative installed capacity of power Batteries in China reached 184.3 GWh, with a cumulative year-on-year increase of 52.8%. Among them, the cumulative installed capacity of ternary batteries was 34.3 GWh, accounting for 18.6% of the total, with a cumulative year-on-year decrease of 15.9%; the cumulative installed capacity of lithium iron phosphate batteries was 150.0 GWh, accounting for 81.4% of the total, with a cumulative year-on-year increase of 88.0%.