China’s installed drive battery capacity increases 30.2% y/y in June
On July 10, the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA) released monthly drive battery data for June 2024.
In June, the total installed drive battery capacity in China was 42.8GWh, registering a year-over-year (y/y) increase of 30.2%. Specifically, capacities of ternary batteries for veh