CATL accounts for 50.8% of China's Jan.-Sept. power battery installed capacity

Shanghai (Gasgoo)- In September, China's power battery outputs reached 23.2GWh, surging 168.9% year on year, while also growing 18.9% month on month, according to China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Photo credit: CATL

For the first nine months of 2021, there were 134.7GWh of power batteries produced in this country, representing a 195% year on year surge.

The CAPBIIA's data showed that China's Jan.-Sept. power battery sales soared 176.9% from a year ago to 106.8GWh, including 49.3GWh ternary-lithium batteries (+135.8% YoY) and 56.7GWh lithium phosphate batteries (+225% YoY).

For the month of September, the country's power battery sales amounted to 17.8GWh, shooting up 155.8% over the year-ago period.

China's power battery installed capacity in September stood at 15.7GWh, leaping 138.6% year on year and rising 25% month on month, according to the alliance.

In terms of Sept. installed capacity, the No.1 power battery manufacturer in China was CATL, which accounted for 56.5% of the country's total capacity. BYD was honored the runner-up with an installed capacity of 2.79GWh.

For the first three quarters, China saw the total power battery installed capacity rocket 169.1% year over year to 92GWh. To be specific, the capacity of ternary-lithium batteries and lithium phosphate batteries reached 47.1GWh and 44.8GWh respectively.

CATL and BYD still occupied the first two places among power battery makers in China by Jan.-Sept. installed capacity. CALB, LG Energy Solution, and Gotion High-Tech ranked third to fifth by year-to-date capacity. Notably, the No.4 battery maker LG Energy Solution failed to enter the top 10 list in September.