Core Insights - The Chinese automotive power battery industry is experiencing significant growth in both production and sales, with June 2023 showing a notable increase in output and demand [1] Production Summary - In June 2023, the total production of power and other batteries in China reached 129.2 GWh, representing a month-on-month increase of 4.6% and a year-on-year increase of 51.4% [1] - Cumulatively, from January to June 2023, the total production of power and other batteries amounted to 697.3 GWh, with a year-on-year growth of 60.4% [1] Sales Summary - In June 2023, the total sales of power and other batteries in China were 131.4 GWh, reflecting a month-on-month increase of 6.3% and a year-on-year increase of 41.7% [1] - Power battery sales accounted for 94.1 GWh, which is 71.6% of total sales, with a month-on-month increase of 7.6% and a year-on-year increase of 34.9% [1] - Other battery sales reached 37.4 GWh, making up 28.4% of total sales, with a month-on-month increase of 3.4% and a year-on-year increase of 62.5% [1] - From January to June 2023, cumulative sales of power and other batteries totaled 659.0 GWh, with a year-on-year growth of 63.3% [1] - Cumulatively, power battery sales were 485.5 GWh, representing 73.7% of total sales and a year-on-year increase of 51.6% [1] - Other battery sales reached 173.5 GWh, accounting for 26.3% of total sales, with a year-on-year increase of 108.5% [1]