According to the data released by the China Automotive Power Battery Industry Innovation Alliance, in July, China's power battery production and loading capacity were 61.0GWh and 32.2GWh, respectively, up 28.9% and 33.3% year-on-year. From January to July, the cumulative output and loading volume reached 354.6GWh and 184.4GWh, respectively, an increase of 35.4% and 37.3% year-on-year. The growth rate of the installed capacity of power batteries is consistent with the growth rate of the production and sales of new energy vehicles.

In July, by model, the average installed vehicle power was 45.9kWh, down 4.4% from the previous month. The decline in the amount of bicycle loading has a lot to do with the rising amount of lithium iron phosphate loading. In July, the loading capacity of lithium iron phosphate reached 21.7GWh, far exceeding the 10.6GWh of terpolymer batteries, accounting for 67.2%, a year-on-year increase of 51.1%. When the volume of the new energy vehicle market is upgraded and car companies strictly control the cost of vehicles, the amount of lithium iron phosphate batteries loaded with higher cost performance is also rising. However, the average capacity of pure electric passenger vehicles did not decline, in July, this data was 55.4 kWh, an increase of 1.4%.

According to the data, in July, a total of 36 power battery companies achieved vehicle loading, 1 less than the same period last year. The loading capacity of the top 3, top 5 and top 10 power battery companies was 26.0GWh, 28.6GWh and 31.3GWh respectively, accounting for 80.7%, 88.7% and 97.2% of the total loading capacity, respectively. From January to July, 48 power batteries were installed, an increase of 3 from last year. At present, the competition in China's power battery industry is intensifying, and the "internal volume" between the head enterprises to compete for the market is intensifying, and there are constantly enterprises in and out. Recently, the patent infringement dispute between Ningde Era and AVIC lithium Battery has been escalating, fully demonstrating the fierce competition between enterprises.

In July, Ningde Times, BYD and Zhongchuang Airlines still firmly occupied the top three places in terms of loading volume, with the loading volume reaching 13.47GWh, 9.35GWh and 3.20GWh respectively, accounting for 41.79%, 29.01% and 9.93%, respectively. Affected by the substantial increase in the amount of lithium iron phosphate loaded vehicles, BYD's advantages in the ranking of lithium iron phosphate battery loaded vehicles are further highlighted, and the amount of loaded vehicles in July reached 9.35GWh, which is a great advantage compared with 6.86GWh in the Ningde era, and the proportion also reached 43.18%, with obvious advantages.

It is worth noting that the rapid growth of sales of plug-in hybrid models has also had a small impact on the amount of power batteries loaded. China Automobile power battery Industry Innovation Alliance statistics show that in July, the number of pure electric passenger car loading decreased from the previous month, of which the number of pure electric passenger car loading supporting lithium iron phosphate decreased by 6.7%, and the number of pure electric passenger car loading supporting ternary battery increased by 5.3%; In July, the installed volume of plug-in hybrid passenger vehicles increased month-on-month, of which, the installed volume of ternary batteries increased by 3.0% month-on-month, and the installed volume of lithium iron phosphate batteries increased by 16.6% month-on-month.

In July, the battery exports of China's power battery enterprises reached 11.2GWh, and the cumulative exports from January to July reached 67.1GWh. As one of the "new three types" of China's foreign trade exports, power batteries continue to maintain a good development trend. According to data released by the Ministry of Industry and Information Technology, in the first half of 2023, China's lithium battery industry continued to grow, with output exceeding 400 GWh, an increase of more than 43%. China Machinery Industry Federation revealed that in the first half of the year, China's lithium battery exports increased by 58.1% year-on-year.

In July, China's energy storage battery sales reached 4.3GWh, almost all for lithium iron phosphate batteries; From January to July, cumulative sales of energy storage batteries reached 35.5GWh. In terms of exports, in July, the cumulative export of energy storage batteries was 1.0GWh, and the cumulative export of energy storage batteries from January to July was 7.3GWh, similarly, almost all lithium iron phosphate batteries, lithium iron phosphate batteries not only have a high proportion of domestic new energy vehicles, but also their application in overseas energy storage markets is rapidly improving.