China’s EV battery installations rise 26.3% in August to year-to-date high — Explained
China’s EV battery installations reached 79.0 GWh in August, up 5.9% from July, though year-on-year growth slowed.
China’s EV battery installations reached 79.0 GWh in August, up 5.9% from July, though year-on-year growth slowed.
CATL continued to lead China’s power battery market but lost market share, while BYD gained ground.
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.
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%.