China Automotive Power Battery Industry Innovation Alliance: in May, China's power battery production 56.6GWh increased by 57.4% compared with the same period last year.

[China Automotive Power Battery Industry Innovation Alliance: China's power battery production 56.6GWh increased 57.4% in May compared with the same period last year]. According to data released by the China Automobile Power Battery Industry Innovation Alliance, China's power battery production totaled 56.6GWh in May, an increase of 57.4% over the same period last year and 20.4% month-on-month. Among them, ternary battery output 18.6GWh, accounting for 32.9% of the total output, up 11.9% from the same period last year and 5.8% month-on-month growth; lithium iron phosphate battery output 37.8GWh, accounting for 66.9% of the total output, up 96.7% from the same period last year, up 29.0% from the same period last year.