The total production of China's power and other batteries was 107.8 GWh, a month-on-month decrease of 13.4% and a year-on-year increase of 63.2% In January.
In January, the sales volume of China's power and other batteries totaled 80.4 GWh, a decrease of 36.5% compared to the previous month and an increase of 40.8% YoY. Among them, the sales of power batteries was 62.9 GWh, accounting for 78.3% of the total sales, a decrease of 34.7% MoM and a year-on-year increase of 24.6%; The sales of other batteries reached 17.5 GWh, accounting for 21.7% of the total sales, a decrease of 42.1% compared to the previous period, and an increase of 163.6% YoY.
In January, China's total export of power and other batteries was 17.5 GWh, a decrease of 20.1% compared to the previous month and an increase of 67.1% YoY. The total export accounted for 21.7% of the monthly sales volume. Among them, the export volume of power batteries was 11.1 GWh, accounting for 63.7% of the total export volume, a decrease of 14.2 on a month on month basis and a year-on-year increase of 9.1%; The export volume of other batteries was 6.3 GWh, accounting for 36.3% of the total export volume, a month on month decrease of 28.8%, and a significant year-on-year increase.
January, the installed capacity of power batteries in China was 38.8 GWh, a month-on-month decrease of 48.6% and a year-on-year increase of 20.1%. Among them, the installed capacity of NCM batteries totaled 8.5 GWh, accounting for 22.1% of the total installed capacity, a decrease of 40.4% MoM and a decrease of 32.2% YoY. The installed capacity of LFP batteries reached 30.2 GWh, accounting for 77.9%, a decrease of 50.5% compared to the previous period, and a year-on-year increase of 53.5%.
Edited by Cassie Li, lixiangying@mysteel.com
