China Automobile Association: In July, my country’s power battery installed capacity was 24.2GWh, a year-on-year increase of 114.2%

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 According to the Titanium Media App on August 11, data from the China Automobile Association showed that in July, the installed capacity of power batteries in my country was 24.2GWh, a year-on-year increase of 114.2% and a month-on-month decrease of 10.5%. Among them, the installed capacity of ternary batteries was 9.8GWh, accounting for 40.7% of the total installed capacity, an increase of 80.4% year-on-year, and a decrease of 15.0% from the previous month; the installed capacity of lithium iron phosphate batteries was 14.3GWh, accounting for 59.3% of the total installed capacity, a year-on-year increase of 147.2%, month-on-month. down 7.0%. From January to July, the cumulative installed capacity of power batteries in my country was 134.3GWh, a year-on-year increase of 110.6%. Among them, the cumulative loading of ternary batteries is 55.4GWh, accounting for 41.3% of the total loading, with a cumulative year-on-year increase of 55.7%; the cumulative loading of lithium iron phosphate batteries is 78.7GWh, accounting for 58.6% of the total loading, with a cumulative year-on-year increase of 180.9%, showing a rapid growth momentum.

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