Home / New Energy / News detail

China’s power battery installed capacity dips 0.3% YoY in Jan. 2023

Monika From Gasgoo| February 10 , 2023 16:40 BJT

Shanghai (Gasgoo)- In Jan. 2023, China's power battery output reached 28.2GWh, shrinking 5% year on year, while tumbling 46.3% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA). 

Of the power batteries produced last month, 9.8GWh and 18.3GWh were ternary-lithium batteries and lithium iron phosphate (LFP) batteries, down 9.3% and 2.5% from the year-ago period, respectively.

China’s power battery installed capacity dips 0.3% YoY in Jan. 2023

Data by the CAPBIIA show that the country's power battery installed capacity amounted to 16.1GWh in Jan., edging down 0.3% from the previous year, while also plunging 55.4% from the previous month.

To be specific, the installed capacity of ternary-lithium batteries and LFP batteries reached 5.4GWh and 10.7GWh last month, sliding 25.6% and 20.4%, respectively, compared to the year-ago period.

Moreover, there were 7.9GWh made-in-China power batteries exported to overseas markets in Jan., 67.7% of which were ternary-lithium batteries.

China’s power battery installed capacity dips 0.3% YoY in Jan. 2023

Blade Battery; photo credit: BYD

Regarding the monthly power battery installed capacity in Jan. 2023, the top 5 battery makers accounted for 91.2% of China’s overall volume. Of them, CATL and BYD-backed FinDreams Battery still gained the first two seats with over 5GWh batteries installed last month each. CALB, EVE Energy, and Gotion High-Tech ranked third to fifth, but none of them recorded a Jan. installed capacity of over 1GWh.

CATL, FinDreams Battery (the EV battery unit of BYD), CALB, and Gotion High-Tech were still the top 4 among China's EV battery players, accounting for 86.28% of the country's total capacity. Compared to the previous month, Sunwoda moved up one spot to the fifth, while EVE Energy dropped one place to the sixth.

Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com

All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com
Series of China NEV ReportsTo subscribe
Series of China lntelligentConnected Vehicle Reports