China's cumulative installed capacity of power batteries increased by 32.6% from January to April

From January to April, China's cumulative installed capacity of power batteries was 120.6 GWh, a year-on-year increase of 32.6%. Among them, the cumulative installed capacity of ternary batteries was 40.8 GWh, a year-on-year increase of 41.2%, accounting for 33.8% of the total installed capacity; the cumulative installed capacity of lithium iron phosphate batteries was 79.8 GWh, a year-on-year increase of 28.6%, accounting for 66.1% of the total installed capacity.