Mar 30, 2022

Global lithium-ion battery giants are starting making lithium iron phosphate batteries

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As early as the "11th Five-Year Plan" period, China comprehensively carried out key technology research and large-scale industrialization of electric vehicles, and lithium iron phosphate battery was one of the key support projects at that time.From 2008 to 2012, the number of lithium iron phosphate battery enterprises in China soared.

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In 2020, as the energy density development of lithium batteries gradually reaches the upper limit, state subsidies gradually ebb. Under the background of marketization and continuous progress of iron iron phosphate battery technology, lithium iron phosphate batteries will rise again.


In May 2021, the domestic production of lithium iron phosphate battery achieved the comeback of ternary lithium battery: in the month, the output of lithium iron phosphate battery 8.8GWh, accounting for 63.6% of the total output; the production of ternary battery 5.0GWh, accounting for 36.2% of the total output.This is the first monthly production of lithium iron phosphate batteries, and the first time in nearly three years.


In July 2021, lithium iron phosphate battery realized the reverse of ternary lithium battery in terms of loading volume: in that month, China's lithium iron phosphate battery loading 5.8GWh, up 235.5% year on year, up 13.4% month on month; relatively, ternary battery loading only 5.5GWh, although up 67.5% year on year, but down 8.2% month on month.This is the first time that lithium iron phosphate batteries lead the ternary batteries in terms of loading volume.


Lithium iron phosphate batteries are being used on a larger scale with their safer, lower cost and longer life advantages.


Many enterprises have layout lithium iron phosphate battery, in the future, do not rule out Panasonic, Samsung SDI, SKI and other overseas battery giants also layout lithium iron phosphate battery may!


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