10月我国动力电池销量124.3GWh，同比增长56.6%

Core Insights - The Chinese automotive power battery industry is experiencing significant growth, with notable increases in production, sales, and exports in October 2023 [2][3][4] Production - In October, the total production of power and other batteries in China reached 170.6 GWh, representing a month-on-month increase of 12.9% and a year-on-year increase of 50.5% [2] - Cumulatively, from January to October, the production of power and other batteries amounted to 1292.5 GWh, with a year-on-year growth of 51.3% [2] Sales - The sales volume for power and other batteries in October was 166.0 GWh, showing a month-on-month increase of 13.3% and a year-on-year increase of 50.8% [2] - Power battery sales accounted for 124.3 GWh, or 74.9% of total sales, with a month-on-month increase of 12.4% and a year-on-year increase of 56.6% [2] - Cumulatively, from January to October, total sales reached 1233.2 GWh, with a year-on-year growth of 55.1% [2] Exports - In October, the total export volume of power and other batteries was 28.2 GWh, reflecting a month-on-month increase of 5.5% and a year-on-year increase of 33.5% [3] - Power battery exports were particularly strong, with an export volume of 19.4 GWh, accounting for 68.8% of total exports, and a year-on-year increase of 76.7% [3] - Cumulatively, from January to October, exports reached 228.1 GWh, with a year-on-year growth of 43.9% [3] Installation Volume - The domestic installation volume of power batteries in October was 84.1 GWh, with a month-on-month increase of 10.7% and a year-on-year increase of 42.1% [4] - Lithium iron phosphate batteries dominated the market, with an installation volume of 67.5 GWh, representing 80.3% of total installations [4] - Cumulatively, from January to October, the total installation volume reached 578.0 GWh, with a year-on-year growth of 42.4% [4]