China loaded 67.2 gigawatt-hours of power batteries on cars in November, up around 50% year-on-year and 13.5% month-on-month, Kallanish learns from China Automotive Innovation Alliance data.

Of that, the loaded capacity of ternary batteries reaches 13.6 gigawatt-hours, accounting for 20.2% of total loaded capacity. The volume shows an annual decline of 13.5%, though usage was higher than in October.

Yet, the bulk of the Chinese EV market continues to be powered by lithium iron phosphate (LFP) batteries, accounting for nearly 80% of the total loaded capacity. These batteries reached 53.6 GWh, up 84% y-o-y and 14% m-o-m.

During January-November, Chinese manufacturers loaded 473 GWh of power batteries, an on-year increase of 39.2%. Of that, some 124.7 GWh were ternary batteries, and 348 GWh LFP batteries. That roughly means a 26.4% market share for more traditional chemistries using nickel, cobalt and manganese as main raw materials; and a 73.6% share for the emerging chemistry that doesn’t require such minerals. LFP battery usage has grown over 50% in China year to date.

Meanwhile, the association’s data shows that production of power batteries reached 692.3 GWh during January-November, accounting for 75.7% of total battery sales. Exports of power batteries reached 115.8 GWh in the same period, accounting for 69% of total battery exports.

While CATL remains the No.1 in terms of power battery loaded volume in November, the loaded capacity of its ternary power batteries had an on-year drop of 7.82% to 9.15 GWh.