Production Summary - In August, the total production of power and other batteries in China reached 139.6 GWh, representing a month-on-month increase of 4.4% and a year-on-year increase of 37.3% [1] - From January to August, the cumulative production of power and other batteries was 970.7 GWh, with a year-on-year growth of 54.3% [1] Sales Summary - In August, the total sales of power and other batteries amounted to 134.5 GWh, showing a month-on-month increase of 5.7% and a year-on-year increase of 45.6% [2] - The sales of power batteries in August were 98.9 GWh, accounting for 73.5% of total sales, with a month-on-month increase of 8.5% and a year-on-year increase of 44.4% [2] - Cumulatively, from January to August, total sales reached 920.7 GWh, with a year-on-year growth of 58.2% [2] Export Summary - In August, the total export of power and other batteries was 22.6 GWh, reflecting a month-on-month decrease of 2.6% but a year-on-year increase of 23.9% [2] - Cumulatively, from January to August, total exports reached 173.1 GWh, with a year-on-year growth of 48.5% [3] Installation Summary - In August, the installation volume of power batteries was 62.5 GWh, with a month-on-month increase of 11.9% and a year-on-year increase of 32.4% [4] - Cumulatively, from January to August, the total installation volume was 417.9 GWh, showing a year-on-year growth of 43.1% [4]

Core Insights - In July, China's total production of power and other batteries reached 133.8 GWh, marking a month-on-month increase of 3.6% and a year-on-year increase of 44.3% [1] - The total sales of power and other batteries in July were 127.2 GWh, showing a month-on-month decline of 3.2% but a year-on-year increase of 47.8% [1] Production and Sales - Power battery sales accounted for 91.1 GWh, representing 71.6% of total sales, with a month-on-month decrease of 3.1% and a year-on-year increase of 45.8% [1] - Other battery sales were 36.1 GWh, making up 28.4% of total sales, with a month-on-month decline of 3.4% and a year-on-year increase of 52.9% [1] Exports - Total exports of power and other batteries in July were 23.2 GWh, reflecting a month-on-month decrease of 4.7% but a year-on-year increase of 35.4% [1] - Power battery exports were 14.8 GWh, constituting 63.7% of total exports, with a month-on-month decline of 6.7% and a year-on-year increase of 48.4% [1] - Other battery exports reached 8.4 GWh, accounting for 36.3% of total exports, with a month-on-month decrease of 0.9% and a year-on-year increase of 17.4% [1] Installation - The installation volume of power batteries in July was 55.9 GWh, showing a month-on-month decrease of 4.0% and a year-on-year increase of 34.3% [1] - The installation volume of ternary batteries was 10.9 GWh, representing 19.6% of total installations, with a month-on-month increase of 1.9% but a year-on-year decrease of 3.8% [1] - The installation volume of lithium iron phosphate batteries was 44.9 GWh, making up 80.4% of total installations, with a month-on-month decrease of 5.3% and a year-on-year increase of 49.0% [1]