Lithium iron phosphate return, where will the power battery market go?


Recently, the Ministry of Industry and Information Technology issued the 331st batch of "Road Motor Vehicle Manufacturers and Product Announcements", showing that the 306 new energy vehicles (including passenger cars, buses and special vehicles) that have been declared, of which 78% use lithium iron phosphate batteries. With the breakthrough development of lithium iron phosphate battery energy density and battery life technology, as well as the advantages of cost and safety, lithium iron phosphate battery is killing back to the new energy market.

 

 

Policy market double drive lithium iron phosphate release new kinetic energy
The development wave of new energy vehicles has been unstoppable. In order to comply with the laws of the market, the four national ministries and commissions have made efforts to issue new articles on new energy vehicles to further promote the development of the new energy vehicle industry.

 

A few days ago, the Ministry of Finance, the Ministry of Industry and Information Technology and other four ministries jointly issued the ''Notice on Improving the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles'' and proposed to extend the implementation period of financial subsidies for the promotion and application of new energy vehicles to the end of 2022, and the subsidy standards for 2020-2022 will be 10% lower on the basis of the previous year. Different from the past, this policy stipulates that subsidies cannot be enjoyed for more than 300000 yuan, and the upper limit of subsidies is set at 2 million vehicles, and the threshold for cruising range is raised from 250 kilometers to 300 kilometers.

 

Whether it is cost control or battery life technology requirements, the new policy undoubtedly puts forward higher standards for power batteries. From these two aspects, lithium iron phosphate has undoubtedly become the "hot cake" in the eyes of car companies ". With the gradual decline of new energy policy subsidies, lithium iron phosphate has a great potential to return due to its low cost and good safety performance. The continuous improvement of lithium iron phosphate battery life technology also provides more possibilities for its return. It is worth mentioning that the recent release of BYD blade battery technology, to further enhance the lithium iron phosphate battery mileage, the rise of lithium iron phosphate is not impossible.

 

 

In addition, the application market of lithium iron phosphate further expanded, not only in the automotive field began to have the potential to turn over, at the same time, with the increase in demand for 5G base stations, lithium iron phosphate continued to release incremental, with safety, cycle life, fast charging and other obvious advantages, favored by 5G base station construction.

 

It can be said that under the dual drive of policy and market, lithium iron phosphate battery ushered in a favorable development period.

 

Lithium iron phosphate gradually warm up domestic batteries continue to force
As an important pole of new energy batteries, with the gradual recovery of lithium iron phosphate, domestic enterprises not only make frequent efforts, but also domestic lithium iron phosphate batteries have begun to enter overseas markets.

 

Earlier, the Financial Times quoted people familiar with the matter as saying that the leading power battery company Ningde Times will supply Tesla lithium iron phosphate batteries for its domestic short-range Model 3 models. Recently, overseas media reported that Ningde Times is trying to expand its share of European commercial vehicles and promote its new LFP CTP (CTP-encapsulated lithium iron phosphate battery) battery pack to launch lithium iron phosphate batteries abroad.

 

BYD has become the world's largest supplier of lithium iron phosphate batteries. Its battery technology has been recognized all over the world, and it has established contacts and cooperation with many global heavyweight automakers including Daimler and Toyota. The launch of the "blade battery", once again triggered global attention, to promote the domestic lithium iron phosphate towards the international pace.

 

In fact, in the post-subsidy era, lithium iron phosphate batteries have a prairie fire by virtue of technological progress and technological innovation. But in order to really occupy the new channel of power battery, lithium iron phosphate still needs to face the problem of energy density and fast charging. Where will the power battery market pattern go, it will take time to give the answer.

 

Description: ArticleSourceindustry viewLan;

Related News


Focus on 2023 World Power Battery Conference, Yushun Intelligence is waiting for you B3-L26!

Yushun Intelligence, as a manufacturing equipment enterprise in the new energy-power battery industry, can customize various production equipment according to customer requirements for the early grinding and dispersion of battery materials and the stirring and mixing of battery slurry.


Yushun Intelligent invites you to participate in the 15th China International Advanced Ceramics Exhibition

Yushun Intelligence, as a manufacturer of intelligent professional production equipment integrating scientific research, production and operation, has been specialized in the production and research and development of grinding, dispersing and mixing intelligent equipment for more than 25 years. It has rich experience, complete equipment, numerous cooperative customers, gathering professional capabilities in the industry, and continuously increasing efficiency and reducing costs for more enterprises.


Yushun Intelligence takes you into the CIBF2023 exhibition site, with big players gathering to discuss the general trend!

Yushun Intelligent is based on more than 20 years of experience in the development of grinding dispersion and mixing equipment, based on product application scenarios, analysis of industry needs and pain points, to promote the intelligent development of the industry.


The 8th New Energy Conference, Yushun Intelligence invites you to discuss new energy and new business opportunities!!

From May 8th to 10th, Yushun Intelligence was invited to attend the "2023SMM (8th) China International New Energy Conference and Industry Expo", and will discuss the innovation and application of new energy equipment with colleagues!


Warmly congratulate Yushun Intelligence on becoming a high-quality enterprise in the 2023 sodium power industry chain.

Warmly congratulate Yushun Intelligence on becoming a high-quality enterprise in the 2023 sodium power industry chain.


Yushun Intelligence Invites You to Attend the High-tech Sodium Power Industry Summit

Yushun intelligent introduction of foreign advanced technology, specializing in wet grinding dispersion equipment and mixing equipment research and development and manufacturing, specializing in the field of material grinding and material mixing and mixing, the overall intelligent solutions.