Ternary Batteries
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China's LFP battery installations extend its lead over ternary batteries in Aug
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.
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China's LFP battery installation exceeds ternary battery for first time this year
The installed base of lithium iron phosphate batteries rose 235.5 percent in July, compared with a 67.5 percent increase for ternary batteries.
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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.
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China's power battery installation reached 11.1 GWh in June, up 136% from a year ago
In June, CATL had the highest installed capacity of 5.44 GWh, with a market share of 49.1 percent.
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China's LFP battery installations jumped about 460% in May from a year earlier
Lithium iron phosphate batteries were installed at 4.5GWh, with a market share of 46 percent, up 458.6 percent year-on-year and 40.9 percent from April.
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China's April power battery installations at 8.4 GWh, down 7% from March
CATL remained in the first place, with an installed base of 3.82 GWh in April and a market share of 45.5 percent. Notably, this is the first time CATL's market share has fallen below 50 percent this year.
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CATL said to be supplying samples of ternary lithium batteries to Apple
CATL is supplying samples of ternary lithium batteries for Apple's car project and the samples are still being tested.
