Can lithium iron phosphate batteries replace ternary lithium-ion batteries?

BYD announced the launch of a new generation of lithium iron phosphate battery blade batteries that can increase the volumetric specific energy density of ordinary battery packs from 251Wh/L to 332Wh/L, and because the production process is simpler, it also reduces production costs. And has the characteristics of high safety, long life, etc., and the life span of the whole vehicle can reach more than one million kilometers. Ningde Times and Tesla have reached a cooperation intention. Ningde Times will supply Tesla with cobalt-free power lithium batteries for the production of Model 3 models in my country. As a kind of cobalt-free batteries, the Ningde era will cause speculations. Should refer to the lithium iron phosphate battery; then it is really determined to be the lithium iron phosphate battery. Guoxuan Hi-Tech, which specializes in lithium iron phosphate batteries, recently announced that the energy density of lithium iron phosphate batteries using the latest technology can reach 200Wh/kg in the test phase. On March 4th, my country Mobile announced the 2020 tender notice for the centralized procurement of lithium iron phosphate battery products for communication. The total purchase of lithium iron phosphate batteries for communication is 610.2 million Ah (specification 3.2V), and the purchase demand satisfaction period is 1 year. All of this is driving the renewal and progress of lithium iron phosphate batteries. Then there will be a follow-up question at this time: Can lithium iron phosphate batteries really replace ternary lithium-ion batteries? The reason why the lithium iron phosphate battery loses to the ternary lithium ion battery is the low energy density of the product, and the disadvantage of the ternary lithium ion battery is poor safety, poor high temperature resistance, and poisonous elements. Now that the energy density of lithium iron phosphate batteries is beginning to be solved, will the shortcomings of ternary lithium-ion batteries not be solved? Although the energy density of lithium iron phosphate batteries is catching up with ternary lithium-ion batteries, the application scenarios of the two are still different. At present, ternary lithium-ion batteries are still the mainstream choice for new energy vehicles in vehicle batteries. Lithium iron phosphate batteries are mostly used in passenger cars. In addition, lithium iron phosphate batteries are also promising in the fields of energy storage and base station communications. With the maturity and application of 5G technology, the future will inevitably drive the demand for lithium-ion batteries and bring huge business opportunities to lithium-ion battery companies. On the other hand, manufacturers are also actively breaking through the technical bottleneck of ternary lithium-ion batteries and actively developing high-nickel batteries. High-nickel ternary batteries have high energy density and low cost advantages due to their high nickel content and low cobalt content. Favored by the market. For a long time in the future, ternary lithium-ion batteries will still be the mainstream choice for car batteries. Disclaimer: Some pictures and content of articles published on this site are from the Internet. If there is any infringement, please contact to delete. Previous post: What is the impact of pre-lithiation on the storage life of lithium-ion batteries