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16 Feb
08:12

Chinese power battery loaded capacity declines 55.4% m-o-m in January

In January, the power battery loaded volume in China was only 16.1 gigawatt-hours, an on-year decline of 0.3% and an on-month decline of 55.4%, according to data from the China Automotive Battery Innovation Alliance.  The decline is mainly due to the steep descent of new energy vehicle sales in January, Kallanish learns.  January's loaded volume of ternary batteries reached 5.4 GWh (33.7% of the single-month total), an on-year decline of 25.6% …
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