China Automotive Power Battery Industry Innovation Alliance: China's power battery installed capacity in July 2022 was 24.2GWh, a year-on-year increase of 114.2%

Recently, the China Automotive Power Battery Industry Innovation Alliance released power battery data for July. The data showed that my country's installed power battery capacity was 24.2GWh in July, a year-on-year increase of 114.2% and a month-on-month decrease of 10.5%; from January to July, my country's cumulative installed power battery capacity was 134.3GW, a cumulative year-on-year increase of 110.6%.

Specifically, CATL easily took the first place in the installed capacity of domestic power battery companies with an installed capacity of 11.41GWh and a market share of 47.19%. With its leading ternary lithium and lithium iron phosphate battery technologies, CATL is the sales leader in the power battery market both globally and domestically.

It is worth mentioning that at the World Power Battery Conference held not long ago, Zeng Yuqun, chairman of CATL, revealed that CATL's global market share reached 34% in the first half of this year, its products have covered 55 countries and regions around the world, and its power battery shipments have exceeded 400GWh.

Zeng Yuqun said that one out of every three electric vehicles in the world is equipped with batteries from CATL.

In addition, thanks to the popularity of its own new energy vehicles, BYD's Fudi Battery ranked second with a market share of 25.23%, closely following CATL, with an installed capacity of 6.10GWh.

It is reported that BYD's total new car sales in the first half of the year were 646,300 units, while in July, BYD's new energy vehicle sales reached 162,500 units, setting a record for the highest monthly sales in BYD's history.

The third, fourth and fifth places on the list are China Innovation Aviation, Guoxuan High-tech and Xinwanda, with market shares of 6.07%, 4.70% and 3.11% respectively.

Zikuai Technology