In January, China's power battery production totaled 29.7GWh, up 146.2% year-on-year;

A few days ago, the China Automotive Power Battery Industry Innovation Alliance released monthly data
on power batteries for January 2022.
In January 2022, China's power battery production totaled 29.
7GWh, a year-on-year increase of 146.
2%.

In terms of production, in January 2022, China's power battery production totaled 29.
7GWh, up 146.
2% year-on-year and down 6.
2%
month-on-month.
Among them, ternary cell production was 10.
8GWh, accounting for 36.
5% of the total output, up 57.
9% year-on-year and down 5.
4% month-on-month; The output of lithium iron phosphate batteries was 18.
8GWh, accounting for 63.
3% of the total output, up 261.
8% year-on-year and down 6.
3%
month-on-month.

In terms of vehicle installation, in January 2022, China's power battery installed volume totaled 16.
2GWh, an increase of 86.
9% year-on-year and a decrease of 38.
3% month-on-month, achieving a significant year-on-year increase
.
The installed capacity of ternary batteries and lithium iron phosphate batteries was 7.
3GWh and 8.
9GWh, respectively, up 35.
2% and 172.
7% year-on-year, and down 34.
0% and 41.
0%
month-on-month, respectively.

In January 2022, a total of 35 power battery companies in China's new energy vehicle market achieved loading and supporting vehicles, a decrease of 1 compared with the same period last year
.
The installed capacity of the top 3, top 5 and top 10 power battery companies was 12.
7GWh, 14.
1 GWh and 15.
3GWh, respectively, accounting for 78.
6%, 87.
1% and 94.
8%
of the total installed volume.