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The latest data shows that in November, China’s installed capacity of power batteries reached 44.9GWh, representing a year-on-year growth of 31.0% and a month-on-month increase of 14.5%.

From January to November 2023, the cumulative installed capacity of power batteries in China reached 339.7GWh, marking a year-on-year growth of 31.4%. In November, 37 companies have achieved installation compatibility, marking a decrease of five compared to the same period last year. The installed capacity rankings for the top 3, top 5, and top 10 power battery enterprises were 33.1 GWh, 37.3 GWh, and 43.2 GWh, accounting for 73.8%, 83.1%, and 96.2% of the total installed capacity, respectively.

Source: WeChat Official Account—China Automotive Battery Innovation Alliance

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