In October, the domestic installed capacity of power batteries reached 84.1 GWh, an increase of 42.1% year-on-year.

The data released by the Innovation Alliance for China's Automotive Power Battery Industry shows that in October, the domestic installed capacity of power batteries was 84.1GWh, an increase of 10.7% compared to the previous month and an increase of 42.1% year-on-year. Among them, the installed capacity of ternary batteries was 16.5GWh, accounting for 19.7% of the total installed capacity, an increase of 19.8% compared to the previous month and an increase of 35.8% year-on-year; the installed capacity of lithium iron phosphate batteries was 67.5GWh, accounting for 80.3% of the total installed capacity, an increase of 8.6% compared to the previous month and an increase of 43.7% year-on-year.