In the field of HEV power batteries, the installed capacity of nickel-metal hydride batteries and ternary lithium-ion batteries is comparable

In the field of HEV power batteries, both nickel-metal hydride batteries and ternary lithium-ion batteries are widely used. Nickel-metal hydride batteries are popular in the market due to their stability and mature technology, while ternary lithium-ion batteries are competitive with their high energy density and excellent performance. Currently, the installed capacity of the two is comparable, with nickel-metal hydride batteries accounting for 49.0% and ternary lithium-ion batteries accounting for 51.0%.