What to Know About china battery installations rise 32% in June, LFP share hits record 83.3%
China’s power battery installations reached 76.5 GWh in June, up 31.5% year-on-year, the fastest growth so far this year.
China’s power battery installations reached 76.5 GWh in June, up 31.5% year-on-year, the fastest growth so far this year.
CATL remained China’s largest power battery maker in June, though its market share fell 3.43 percentage points from May.
Global ESS shipments rose 71% year-on-year to 461.3 GWh in the first half, with China’s share falling to 43.9% from 50.5 percent.
Seven Chinese companies ranked among the top 10, with a combined 72.4% share of the global EV battery market.
CATL remained China’s largest power battery maker in July, though its market share fell 0.37 percentage points from June.
LFP batteries’ share rose to a record 84.6%, while ternary batteries fell to an all-time low of 14.9%.