Analysis of the industry prospects of lithium iron phosphate batteries and ternary lithium batteries

It is reported that during 2015-2016, the market share of lithium iron phosphate batteries reached about 70%, but with the vigorous popularization of new energy vehicles, the state subsidies for new energy vehicles have gradually shifted to those with high energy density and high cruising range. After product tilt and other developments, the market share of lithium iron phosphate batteries has gradually dropped to about 40%. Take Japan as an example. Most of its current new energy vehicles are mainly composed of lithium manganate doped with ternary batteries. With the gradual maturity of technology, there is a tendency to occupy a dominant position. However, the lithium iron phosphate battery market this year has shown signs of recovery. The latest data shows that my country’s cumulative production of power lithium-ion batteries from January to February 2019 is 11.6GWh, of which the cumulative processing of ternary batteries is 6.6GWh, accounting for the total The output is 57.2%; the cumulative processing of lithium iron phosphate batteries is 4.6GWh, accounting for 39.6% of the total output, compared with 36.03% in the same period last year. Although the current market has continued to applaud the development of lithium iron phosphate batteries, there are also views that the recovery of the lithium iron phosphate battery industry is due to the subsidy decline. With the advancement of the marketization of the ternary battery industry, the cost will gradually drop. It is expected After the subsidy declines in 2020, the development of lithium iron phosphate batteries will once again face uncertainty. With the continuous advancement of technology, the use of lithium iron phosphate batteries may continue to expand, and lithium iron phosphate batteries and ternary batteries may no longer be rivals in the market. For consumers, it is a good thing as long as the performance of the product improves day by day without compromising safety. Of course, the share of ternary lithium and lithium iron phosphate batteries will not be too different, and the possibility of coexistence will be greater in the future. Disclaimer: Some pictures and content of the articles published on this site are from the Internet. If there is any infringement, please contact to delete. Previous: Analysis of the basic characteristics of solar cells