Half-year Data
China accounts for 59% of global NEV sales in H1
By comparison, the US and Europe contributed 11 percent and 26 percent of global new energy vehicle sales, respectively, in the first half of the year.
Over 40% of micro cars use Gotion's batteries in H1
The popularity of micro cars in China, including the Wuling Hongguang Mini EV, has been rewarding for one power battery supplier.
Shanghai produced one-sixth of China's NEVs in H1
Shanghai produced 228,000 new energy vehicles in the first half of this year, up 220 percent year-over-year and accounting for more than one-sixth of China's total production.
Shanghai sees 133,000 new energy vehicles registered in H1
By the end of June, Shanghai had 513,000 new energy vehicles, of which 235,000 were pure electric vehicles.
Shanghai contributed 34% of China's EV exports in H1
Shanghai exported 60,000 EVs in the first half of the year, an increase of 752.9 percent year-over-year, accounting for 34.3 percent of China's total, according to Shanghai Customs.
China's lithium-ion battery output exceeded 110 GWh in H1, up over 60% from a year earlier
The total output value of the lithium-ion battery industry in the first half of the year exceeded RMB 240 billion ($37.1 billion), and total exports were RMB 74.3 billion, an increase of nearly 70 percent year-over-year.
China's new LFP projects in H1 exceed $6 billion in combined investment
For comparison, China shipped 124,000 tons of LFP cathode materials in 2020, up 41 percent year-over-year, with market size of about RMB 4.5 billion.
LFP batteries recovering lost ground in passenger car market
It is worth noting that about 74.42 percent of the installed capacity of lithium iron phosphate batteries came from the passenger car market, at 16.76 GWh.
Nio's H1 battery installation highest among China's new car makers
Nio is the second-largest passenger car customer of CATL, China's largest power battery supplier, after Tesla
Shanghai's NEV sales surged 3.5 times in past six months
A new traffic rule announced six months ago has boosted new energy vehicle (NEV) sales in Shanghai significantly.