China’s output of power batterysurged 175.6 percent year-on-year to 253.7 GWh in the first seven months of the year,

Chinas power battery output surges 176% in first 7 months

China’s output of power battery surged 175.6 percent year-on-year to 253.7 GWh in the first seven months of the year, according to industry data. In the January-July period, 153.8 GWh of lithium iron phosphate batteries were produced, up 227.1 percent from a year ago, data from China Automotive Battery Innovation Alliance showed.The output of ternary lithium batteries stood at 99.5 GWh, up 121.9 percent year-on-year, the data showed. A total of 134.3 GWh of batteries were installed in electric vehicles in China during the period, up 110.6 percent year-on-year. In July alone, the output of power battery was 47.2 GWh, up 172.2 percent from last year

Source: This news is originally published by chinadaily

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