Cost breakdown of lithium iron phosphate batteries

From 2015 to 2016, the market share of lithium iron phosphate batteries was as high as about 70%. However, as national new energy vehicle subsidies gradually tilt towards products with high energy density and high mileage, the market share of lithium iron phosphate batteries has gradually declined. In 2017 and 2018, the market share of lithium iron phosphate fell to 45% and 39% respectively. As a typical energy storage technology with high comprehensive performance currently used commercially, lithium iron phosphate batteries have a system energy cost of 1.5 to 2.3 million yuan/MWh. In the future, with the development of low-cost innovative battery structures and processes, their costs will continue. Space to fall. After subsidies declined, the cost advantages of lithium iron phosphate batteries gradually became prominent. At present, the market price of lithium iron phosphate battery cells has fallen below 0.7 yuan/Wh. If a single-cell lithium iron phosphate battery is used, then in the field of mobile power supply in the future, the development space of lithium iron phosphate is very broad, because its higher safety capability allows users not to worry about the emergence of portable bombs. Supporting high-current charging can also greatly shorten the waiting time during charging. Coupled with a long service life, the cost in actual use is lower than that of lithium cobalt oxide and lithium manganate. Disclaimer: Some pictures and content of articles published on this site are from the Internet. If there is any infringement, please contact to delete.