On March 24, the CPCA Branch unveiled a detailed report on the performance of the three-electric system (battery, electric motor, and electronic control) in new energy vehicles for February 2026. The report revealed that power battery installations in new energy vehicles amounted to 27.3GWh in February, marking a 19.2% decrease compared to the same period last year. Nevertheless, the cumulative installations from January to February demonstrated a robust 37.4% year-on-year growth. Given the sustained surge in sales and penetration rate of new energy vehicles, it is anticipated that power battery installations will continue their upward trajectory. During the first two months of 2026, the average battery capacity per new energy vehicle stood at 62.0kWh, reflecting a notable 29.2% increase from the previous year. Key contributors to the power battery installation surge include Xiaomi, BYD, and Tesla. Regarding cell materials, lithium iron phosphate maintained a dominant market share, thanks to its cost-effectiveness, safety, and performance advantages, as well as favorable policy, market, and energy storage dynamics. Consequently, its presence in the new energy vehicle market continues to expand.