China's Power Battery Production Continues to Grow

BEIJING--April 23, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--According to the China Automotive Power Battery Industry Innovation Alliance, in March, the total output of power and other batteries in China was 75.8 gigawatt-hours (GWh), an increase of 73.8% from the previous month and a year-on-year increase of 39.8%. From January to March, the total cumulative production of power and other batteries in China was 184.6 GWh, a cumulative increase of 33.5%.

Industrial Info is tracking 305 capital-spending power-battery projects, worth about US$131.88 billion, in China.