China’s installed drive battery capacity increases 41.2% y/y in May

On June 14, the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA) released monthly drive battery data for May 2024.
In May, the total installed drive battery capacity in China was 39.9GWh, registering a year-over-year (y/y) increase of 41.2%. Specifically, capacities of ternary batteries for vehic....

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