Contact Us

In May, the Loading Volume of Lithium Iron Phosphate Batteries Increased 4.5 Times Year-on-year

GET A BATTERY SOLUTION

1. There is a huge increase in the output of lithium iron phosphate battery in May


According to data from the China Automobile Association, in May, the loading volume of China's power battery has reached 9.8GWh, a year-on-year increase of 178.2% and a month-on-month increase of 16.2%. Among them, the output of ternary batteries reached a total of 5.2GWh, a year-on-year increase of 95.3%, and a month-on-month increase of 1.0%; there is a total of 4.5GWh of lithium iron phosphate batteries, a year-on-year increase of 458.6% and a month-on-month increase of 40.9%.


In the power battery output this month, ternary battery and lithium iron phosphate battery still occupy an absolute dominant position. Together, the two accounted for 99.8% of the total power battery output that month. However, with the gradual increase in the volume of lithium iron phosphate battery, there is a big difference in the proportions of these two batteries. Among them, the proportion of lithium iron phosphate battery output rose to 63.6% this month, far exceeding 36.2% of the ternary battery.


2. Lithium iron phosphate batterr is being favored by more and more mainstream vehicle models


Through technological innovation in the past two years, the current endurance milage of 400 to 600 kilometers of lithium iron phosphate battery has been able to meet the needs of most passenger car owners, and the price is also more advantageous.


It is worth noting that, as one of the most popular battery technical routes in the Chinese market, lithium iron phosphate batteries have also begun to attract the attention of major international companies.

lithium-iron-phosphate-battery1.jpg

Lithium ion battery pack


A few days ago, people familiar with the matter revealed that the Chinese-made Tesla Model Y may launch a lithium iron phosphate battery version (LFP) model in July. Before that, this model was equipped with a ternary energy power battery.


3. The prosperous development of the industry has prompted companies related to lithium iron phosphate to expand investment


The return of lithium iron phosphate battery to the mainstream will enable relevant industry chains to share the dividend of industry development. With the gradual implementation of the capacity expansion of various companies, the shortage of lithium iron phosphate battery will also be eased, and the increase in production capacity will also help further expand the market of lithium iron phosphate batteries.

Battery Products You May Like
TA Series-JIS/DIN/BCI Auto Battery
TA Series-JIS/DIN/BCI Auto Battery
Adhering to the JIS, SCI, DIN, and EN standards with super cranking power which ensures dependable start in cold weather, TA series of SLI lead-acid battery is well-known for its excellent corrosion-resistance performance and great vibration resistance. Having a long service life and lower internal resistence, TA SLI battery is highly suited for cars, trucks and tractors.
Learn More
TNE Series-General Deep Cycle battery
TNE Series-General Deep Cycle battery
With a number of national patent technologies, this deep cycle rechargeable battery series holds an extended cycle life and is suitable for vehicles like EVs, Golf trolleys, etc.
Learn More
PZV/PBV Series-Traction Battery GeL Type
PZV/PBV Series-Traction Battery GeL Type
The PZV/PBV Series integrates patent nano gel electrolytes with national patent technology. The range boasts a very high deep cycling capability. This kind of traction battery for sale is highly suitable for outdoor traction applications.
Learn More
Tianneng Battery Group
The way we power.
No. 18 Baoqiao Road, Changxing County, Huzhou City, Zhejiang Province, China
export@tiannenggroup.com
0086 0572-6058015
0086 0572-6058330