China’s installed drive battery capacity increases 51.0% y/y in October

On November 11, the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA) released monthly drive battery data for October 2024.
In October, China’s total installed drive battery capacity was 59.2GWh, registering a year-over-year (y/y) increase of 51.0%. Specifically, capacity of ternary batteries for ....

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