Published: 14:20, June 11, 2023 | Updated: 14:29, June 11, 2023
China's power battery installed capacity surges in May
By Xinhua

In this undated file photo, a technician instructs a driver how to operate super-charging equipment in Jinhua, Zhejiang province. (HU XIAOFEI / FOR CHINA DAILY)

BEIJING - The installed capacity of power batteries in China saw rapid expansion in May amid the sound development of the country's new-energy vehicle (NEV) market, industry data showed.

During the period, the installed capacity of power batteries totaled 28.2 gigawatt-hours (GWh), increasing by 52.1 percent year-on-year, data from the China Association of Automobile Manufacturers revealed.

About 19.2 GWh of lithium iron phosphate batteries were installed in NEVs, surging 87.2 percent from a year earlier, and making up 67.8 percent of the monthly total.

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In the first five months of 2023, the installed capacity of power batteries rose 43.5 percent year-on-year to 119.2 GWh, according to the association.