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China Association of Automobile Manufacturers: New Energy Vehicle Power Battery Installation Volume Declined 19.2% Year-over-Year in February
People’s Financial News, March 24 — The Joint Committee on Passenger Car Market Information of the China Association of Automobile Manufacturers released the Insight Report on New Energy Vehicle Power Systems for February 2026. The data shows that in February 2026, the installed capacity of new energy vehicle power batteries was 27.3 GWh, a decrease of 19.2% year-on-year. From January to February, the average battery capacity per new energy vehicle was 62.0 kWh, up 29.2% year-on-year. Among them, Xiaomi, BYD, and Tesla became the main contributors to the installed capacity of power batteries.