China's installed capacity of power batteries reached 38.8GWh in January 2025

In January 2025, my country's installed capacity of power batteries reached 38.8GWh, a month-on-month increase of 48.6% and a year-on-year increase of 20.1%. The installed capacity of lithium iron phosphate batteries was 30.2GWh, accounting for 77.9%, a year-on-year increase of 53.5%. The installed capacity of ternary batteries was 8.5GWh, accounting for 22.1%. The total installed capacity of CATL and BYD reached 27.13GWh, accounting for 70%. Among them, CATL ranked first with an installed capacity of 18.25GWh, with a market share of 47.08%. BYD ranked second with an installed capacity of 8.88GWh, with a market share of 22.9%.