China EV Battery Installations Hit 87.2 GWh in September

China's EV battery installations reached 87.2 GWh in September, up 14.7% year-on-year, setting a fresh high for the year. Lithium iron phosphate batteries accounted for 85.5% of total installations, while ternary battery installations fell 10.9%. Annual growth slowed to its lowest level since April, driven by commercial new energy vehicles and higher battery capacity per vehicle.