China's NEV battery output up over 200 pct in Q1-Xinhua

China's NEV battery output up over 200 pct in Q1

Source: Xinhua

Editor: huaxia

2022-04-16 18:24:30

Visitors look at a blade-shaped battery produced by China's leading new energy vehicle (NEV) manufacturer BYD during the 130th session of the China Import and Export Fair, also known as the Canton Fair in Guangzhou, south China's Guangdong Province, Oct. 15, 2021. (Xinhua/Deng Hua)

BEIJING, April 16 (Xinhua) -- China's output of new energy vehicles (NEV) batteries surged 206.9 percent year on year to 100.6 GWh in the first three months of the year, industrial data showed.

In the first quarter (Q1), the country produced 62.4 GWh of lithium iron phosphate batteries, soaring 317.2 percent from a year ago, data from China Automotive Battery Innovation Alliance showed.

The output of ternary lithium batteries stood at 38 GWh, up 113.7 percent year on year, the data showed.

During the three-month period, a total of 51.3 GWh of batteries were installed in China's electric vehicles, up 120.7 percent year on year.

Retail sales of NEVs in China expanded 137.6 percent year on year to 445,000 units in March, according to the China Passenger Car Association.   


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