Report: Installed capacity of power batteries in Jan rises 281% YoY

SHANGHAI, Feb 13 (SMM) – China's installed capacity of power batteries in January gained 281% year on year and stood at 4.98 GWh, showed the latest industrial data on GG-lb.com. 

The increase was mostly attributed to new energy passenger vehicles, whose installed capacity of power batteries in January jumped 411% on the year, to 3.53 GWh.

Installed capacity of power batteries in electric buses registered 1.24 GWh, up 171% on the year, while that in special vehicles increased 32% year on year, to 0.21GWh.