China Passenger Car Association: The installed capacity of new energy vehicle power batteries in September was 73.7 GWh, a year-on-year increase of 39.9%.

According to the Wise Finance APP, on November 20th, the China Association of Automobile Manufacturers and KORE Consulting jointly released the "Insight Report on the Three Electric Systems of New Energy Vehicles in October 2025". The report pointed out that in September, the installed capacity of power batteries for new energy vehicles reached 73.7GWh, a year-on-year increase of 39.9%. The year-on-year growth of the power battery market from January to September reached 39.9%. With the continuous increase in sales of new energy vehicles, the penetration rate of new energy vehicles continues to grow, driving the continuous growth of power battery installed capacity.