AI Data Insight

China's cumulative YoY growth rate of total electricity consumption in July 2026 (Q3) dropped to 4.3%, continuing its slowdown from 4.7% in the previous month. Although the high-temperature base effect caused overall growth to narrow, electricity consumption for charging and battery swapping services, as well as internet data services, surged by over 40%, indicating that AI and new energy sectors are taking over as the main drivers of electricity consumption growth.

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