What is the reason why BYD insists on using lithium iron phosphate batteries

Lithium iron phosphate battery refers to a lithium battery that uses lithium iron phosphate as the positive electrode material. The cathode materials of lithium batteries mainly include lithium cobaltate, lithium manganate, lithium nickelate, ternary materials, lithium iron phosphate and so on. Among them, lithium cobalt oxide is currently the cathode material used in most lithium batteries. The lithium iron phosphate battery is a domestic lithium battery completely independently developed by BYD. It has invested a lot of money. It is now a mature product and is widely used in China; although compared with foreign lithium battery products, the characteristics of lithium iron phosphate batteries are not perfect. , But because of its existence, it broke the foreign technology monopoly and created a way for us to take our own lithium battery research and development route, so I admire its spirit very much. In addition, BYD insists that the use of lithium iron phosphate batteries will not explode. In fact, our company has mastered the world's most high-end technology and technology for lithium iron phosphate batteries. The safety and cycle life of lithium iron phosphate batteries are related to the absolute advantages of ternary lithium batteries, which are the key elements and development needs of my country's new energy vehicles. As long as its development status is clarified, and investment is increased to solidify this advantage, my country's new energy vehicles will have the possibility of overtaking in corners. The material formula of the ternary lithium battery, whether it is lithium nickel cobalt manganese oxide or lithium nickel cobalt aluminate, is inseparable from two precious metals, namely cobalt and nickel. Both of these metals are scarce in my country and limited in global reserves. Lithium iron phosphate batteries are just the opposite. They do not contain any precious metals, and iron oxide and lithium carbonate, which are important raw materials for processing cathode materials, are abundant in my country. If the downstream new energy vehicle market demand is enlarged, the cost of its upstream materials will plummet under the promotion of scale effect. The decline in the price of cathode materials, which accounts for more than 30% of the cost of lithium iron phosphate batteries, will prompt a rapid decline in the price of lithium iron phosphate batteries . Lithium iron phosphate battery is the core component of BYD's new energy vehicle, which supplies driving power for the entire vehicle. It must be wrapped in a metal shell to form the main body of the battery pack. The battery core realizes the integration of the battery cell through the modular structure design, and includes the heat dissipation hardware of the battery core. The quality of the heat dissipation system design is the prerequisite for good management of the BMS. 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 article: Why is lithium iron phosphate the safest type of lithium battery?