China's power, storage battery output up in November

December 21, 2023

Xinhua, December 18, 2023


latest company news about China's power, storage battery output up in November  0

This photo taken on Oct. 19, 2023 shows a new energy power and energy storage battery manufacturing

base funded by China's battery giant Contemporary Amperex Technology Co., Ltd. (CATL)

in Guian New Area of southwest China's Guizhou Province. [Photo/Xinhua]


China's output of power batteries and storage batteries saw rapid expansion in November, according to data from the China Automotive Battery Innovation Alliance.

Last month, the output of the batteries stood at 87.7 gigawatt-hours (GWh), up 40.7 percent year on year. In the first 11 months, the output rose 41.6 percent year on year to 698.7 GWh.

The sales of the batteries came in at 84.2 GWh last month, up 12.3 percent from October, according to the data.

In November, production and sales of new energy vehicles hit 1.07 million and 1.03 million units, respectively, up 39.2 percent and 30 percent year on year, said the China Association of Automobile Manufacturers.