CALB

An Xpeng source has hinted that the report is true, saying that the supply chain of components for vehicle production needs to be continually improved.

From January to November, CATL's installed base was 65.93 GWh and its market share was 51.4 percent.

From January to November, the cumulative installations of LFP batteries was 64.8 GWh, also surpassing the 63.3 GWh of ternary materials for the first time.

That lead narrowed in October, as LFP battery installations fell 11.6 percent from September, while ternary battery installations rose 13.5 percent from September.

In the first nine months, China's power battery installed base was 92.0 GWh, up 169.1 percent year-on-year, with ternary batteries still taking the lion's share.

China's lithium iron phosphate (LFP) battery installed base surpassed ternary batteries for the first time this year in July, and that lead widened in August.

The batteries produced at the base will be power batteries as well as batteries for energy storage.

In 2020, CALB's installed capacity for GAC passenger cars reached 2,033.65 MWh and CATL shrinking to 824.69 MWh.

CALB confirmed it has received a patent lawsuit against the company by CATL, saying it has submitted a request for invalidation of those patents to the China National Intellectual Property Administration.

The project, located in central China's Hubei province, is a 20 GWh capacity production site with an investment of RMB 5 billion in the first phase.