Detailed explanation of the future development trend of lithium batteries for electric vehicles

As the power source of electric vehicles, lithium iron phosphate battery plays a pivotal purpose. In essence, it is a device that can convert stored chemical energy into electrical energy. In the current market, lithium iron phosphate batteries are widely used, such as BYD, BAIC New Energy, Chery New Energy and other vehicles have adopted this technology form. Electric vehicles need powerful, lightweight, and affordable batteries. The best choice is commercial lithium batteries, which are relatively compact and stable. But they are still too bulky and expensive to be widely used. The battery is the core component of an electric vehicle, and it directly determines the most critical cruising range for an electric vehicle. Current research on batteries for electric vehicles is still focused on lithium iron phosphate batteries, followed by lead-acid batteries, nickel-hydrogen batteries, and sodium batteries. Japan and the United States rank the top two in the world in the number of patent applications for batteries and management systems for electric vehicles. With the gradual heating up of new energy, the investment in the battery industry is also increasing. In the next few years, lithium iron phosphate battery technology will usher in rapid development. As the heart of electric vehicles, power lithium iron phosphate batteries are the key to the development of the new energy automobile industry. It is predicted that the production and sales of domestic new energy vehicles will continue to rise rapidly in the next five years, and the annual compound growth rate is expected to exceed 30%. The new energy vehicle market has shown an explosive rise, directly driving the rapid increase in the scale of power lithium iron phosphate batteries. 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 post: How to extend the life of lithium battery pack