Visitors look at a power battery swap system for new energy vehicles on an exhibition of the 2023 World Power Battery Conference in Yibin, Southwest China’s Sichuan province, June 9, 2023. [Photo/Xinhua]
BEIJING – China’s power battery output saw rapid expansion in May, industry data showed.
The power battery output stood at 56.6 gigawatt-hours last month, up 57.4 percent year-on-year, according to the China Automotive Battery Innovation Alliance.
In the first five months, China’s power battery output rose 34.7 percent to 233.5 gigawatt-hours from the same period in 2022.
China’s new energy vehicle (NEV) sales expanded 60.2 percent year-on-year to 717,000 units in May, data from the China Association of Automobile Manufacturers showed.