August LFP Share Tops 82%; Energy Storage Exports Jump 134% YoY
China Automotive Battery Innovation Alliance released data for August 2026: combined output of power and energy storage batteries was 237.0GWh, up 69.8% year on year; sales were 223.1GWh, up 65.9% year on year. Energy storage battery sales were 76.3GWh, up 114.3% year on year, and exports were 17.7GWh, up 134.2% year on year. LFP accounted for 82.4% of production and 85.6% of installations, continuing to dominate. CATL and BYD led the installation landscape, while the LFP route continued to benefit from dual growth in energy storage and exports.
62220 days ago
