China’s NEV storage battery sales soar in December

China’s sales of storage batteries to power new energy vehicles (NEVs) rose 56.9 percent year on year in December, industry data showed.

The sales stood at 12.2 gigawatt-hours last month, according to the China Association of Automobile Manufacturers.

Some 6.5 gigawatt-hours of high-energy density ternary polymer lithium batteries were sold, up 9.3 percent and accounting for 53.2 percent of the total.

In December, China’s NEV sales surged 49.5 percent year on year to 248,000 units, data from the association showed.