According to the data from China Power Battery Industry Innovation Alliance, the installed capacity of power batteries in May was 39.9 GWh, an increase of 41.2% year-on-year and 12.6% month-on-month. Among them, the installed capacity of ternary batteries was 10.4 GWh, accounting for 26% of the total installed capacity, with an annual increase of 14.7% and a monthly increase of 4.3%. The installed capacity of lithium iron phosphate batteries was 29.5 GWh, accounting for 74% of the total installed capacity, increasing 54.1% year-on-year and 15.8% month-on-month.

From January to May, the cumulative installed capacity of power batteries was 160.5 GWh, a cumulative year-on-year increase of 34.6%.(cy/u)

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