SHANGHAI, Sep 14 (SMM) - China's power battery output totalled 47.2 GWh in July, up 14% MoM and 172% YoY. The output of ternary batteries was 16.6 GWh, a decrease of 9.4% MoM, but up 107.7% YoY. The output of LFP batteries skyrocketed 33.5% MoM and 228% YoY to 30.6 GWh, a new record high. As a result, the proportion of LFP battery in the total power battery output expanded 10 percentage points to 64%, while that of ternary batteries shrank to 35%.
In contrast to the surge in power battery output, its installed capacity declined on a month-on-month basis, with details shown in the table below.
|
Unit: MWh |
Volume in Jul |
Proportion (%) |
MoM (%) |
YoY (%) |
YTD (%) |
YTD YoY (%) |
|
Ternary materials |
9,839 |
40.7 |
-15 |
80 |
55,439 |
56 |
|
Lithium iron phosphate |
14,337 |
59.2 |
-7 |
147 |
78,708 |
181 |
|
Lithium manganese oxide |
10 |
0.1 |
-33 |
-35 |
97 |
18 |
|
Total |
24,187 |
100 |
-10 |
114 |
134,307 |
110 |
