2022-10-25T05:58:00+03:00 China 2023-11-15T04:53:27+02:00

Ukrainian news

Ukrainian news

China's power battery output surges over 101 pct in September

China's power battery output surges over 101 pct in September

China's installed capacity of power batteries registered rapid growth in September amid a boom in the country's new energy vehicle (NEV) market, industry data showed. This was reported by The Xinhua News Agency.

Last month, the installed capacity of power batteries for NEVs rose by 101.6% year on year to 31.6 gigawatt-hours (GWh), according to the China Association of Automobile Manufacturers.

Specifically, about 20.4 GWh of lithium iron phosphate (LiFePO4) batteries were installed in NEVs, up 113.8% from a year earlier, accounting for 64.5% of the monthly total.

China's NEV market continued to maintain growth momentum in September, with the sales of NEV soaring 93.9% from a year earlier to 708,000 units, data from the automobile association showed.