The cumulative installed capacity of power batteries in the first quarter was 51.3GWh, a cumulative increase of 120.7% year-on-year.

IT House reported on April 11 that the China Automotive Power Battery Industry Innovation Alliance released the latest data. In March, my country’s power battery sales were 24.5GWh, a year-on-year increase of 175.3%.

In terms of vehicle loading, my country’s power battery loading volume was 21.4Gwh in March, a year-on-year increase of 138.0%; from January to March, my country’s power battery cumulative loading volume was 51.3Gwh, a year-on-year increase of 120.7%.

IT House learned that the cumulative installed capacity of ternary batteries was 21.4Gwh, accounting for 41.6% of the total installed capacity, a cumulative increase of 54.4% year-on-year; the cumulative installed capacity of lithium iron phosphate batteries was 29.8Gwh, accounting for 58.2% of the total installed capacity, a cumulative increase year-on-year 217.9%.

From January to February this year, the country’s total lithium battery output exceeded 82GWh. The output of lithium-ion battery energy storage battery exceeds 9GWh, and the installed capacity of new energy vehicle power battery is about 30GWh. Export trade has grown steadily. From January to February, the total export of lithium batteries nationwide reached 35.7 billion yuan.

In addition, data previously released by market research company SNE Research showed that the shipments of power batteries in the first two months of this year totaled 53.5 GWh, an increase of more than 100% over the previous year.

Data Display,In the first two months, the shipment and market share of CATL’s power batteries were 18.4 GWh and 34.4%, respectively, ranking first in the list. LG Energy Solution’s battery usage was 7.4 GWh, an increase of 37.6% from a year ago, placing it in second place. BYD beat Panasonic to take third place with 11.9% market share.