Passenger Association: the number of power batteries installed in China increased by 60.4% in February compared with the same period last year, ranking first in Ningde era.

CTOnews.com news on March 20, the passenger Association and Corey Consulting jointly released the insight report on the three electricity systems of new energy vehicles in February 2023, the number of power batteries installed in new energy vehicles in February 18.4GWh, an increase of 66% over the same period last year, an increase of 4.8GWh over the previous month.

CTOnews.com learned from the report that Ningde Times ranked first with a market share of 49.1%, with a total installed capacity of 8092 MWH, and Fudi battery installed 5650MWh ranked second with a share of 21.8%. According to the report, the total matching capacity of Top10 motor supporting enterprises exceeded 339000, and the overall market matching volume increased by 36.4% compared with the same period last year. BYD's market performance has driven the growth of Fudi Power, with the L8 and L9 models sharing more than 90% of Honeycomb's share.

In terms of batteries, from January to February, square cores accounted for 92.2%, cylindrical cores accounted for 4.7%, soft package cores accounted for 3.1%, and the supporting share of lithium iron phosphate batteries for passenger cars increased to 65.2%.