TREE NEWS reports: China installed 79.0 GWh of electric-vehicle batteries in August, up 26.3% year on year and 5.9% from July. LFP batteries accounted for 67.6 GWh, or 85.6% of the total, rising 31.0% year on year, while ternary batteries took 11.0 GWh, or 14.0%, up 0.9% year on year.
China’s August EV battery installations hit 79.0GWh, up 26.3% YoY
AI take
The headline growth figure understates the real shift: LFP is now absorbing almost all incremental demand, while ternary chemistry has effectively stalled year on year. That divergence matters for lithium, phosphate and nickel supply chains, and for cell makers whose margins depend on chemistry mix. The open question is whether ternary's flatness reflects a temporary pause or a durable consumer and automaker preference for cheaper LFP packs.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
15m ago
Offshore yuan closes at 6.6755 per dollar, down 37 pips
16m ago
Hang Seng Index futures close up 2.1% at 24,425
17m ago
Helicopter carrying 3 crashes near Miami, officials give no details
25m ago
Poland’s Central Bank Chief Faces Suspension Vote as MPC Backs Him
26m ago
Bessent: US to sanction backers of Iran under ‘economic banishment’ campaign
27m ago
ECB’s Kazaks: Rate Hikes Needed If Inflation Risks Spread