China's LFP battery installation exceeds 60%
2023-02-07 11:55:43 [Print]
Latest data from China Automobile Power Battery Industrial Innovate Alliance indicated that China's power battery installation reached 294.6GWh in 2022, up by 90.7% YOY. In particular, the LFP battery installation rose by 130.2% YOY to 183.8GWh, accounting for 62.4% of the total; ternary battery installation went up by 48.6% YOY to 110.4GWh, occupying 37.5% of the total.
In December 2022, the share of LFP battery in the domestic market created a new high in history. The installation of LFP battery was 24.7GWh in December 2022, accounting for 68.3% of the total in the market and exceeding 60% for five consecutive months.
In December 2022, the share of LFP battery in the domestic market created a new high in history. The installation of LFP battery was 24.7GWh in December 2022, accounting for 68.3% of the total in the market and exceeding 60% for five consecutive months.
Lithium Hydroxide Monohydrate LiOH 56.5%min, Magnets 0.0001%max Delivered South Korea
Unit:USD/kg
China lithium hydroxide monohydrate producers; operating rate statistics by province by month
Unit: %
