
China EV battery installations rise 8.4% year-on-year to 42 GWh in Jan

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China's electric vehicle (EV) battery installations rose 8.4% year-on-year to 42 GWh in January, despite a 57.2% drop from December. Lithium iron phosphate (LFP) batteries dominated with 32.7 GWh, making up 77.7% of total installations. Ternary lithium batteries accounted for 9.4 GWh, or 22.3% of the total. Power battery exports also increased by 59.3% year-on-year to 17.7 GWh. Overall, China's battery production reached 168 GWh, a 55.9% increase from the previous year, although it decreased by 16.7% from December.
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