Lithium iron phosphate battery is the future development direction of vehicle power batteries and the forefront of the development of the lithium battery industry. Lithium iron phosphate batteries are widely used in various fields such as hybrid vehicles, electric tools, electric bicycles, electric bicycles, power generation and energy storage devices due to their own advantages. As a new type of battery cathode material, lithium iron phosphate costs about 40% of the entire battery cost. Such a high cost ratio gives the market a lot of room for imagination.
Main application areas of lithium iron phosphate batteries
Energy storage equipment: energy storage equipment for solar and wind power generation systems; with solar batteries as energy storage equipment, such as solar LED street lights (BYD has already produced such batteries)
Power tools: high-power power tools, electric drills, weeding machines, etc.
Electric vehicles: electric motorcycles, electric bicycles, electric scooters, electric wheelchairs, etc.; hybrid electric vehicles (HEV)
Small electrical appliances: miner's lamp, implantable medical equipment
Domestic industry status
At present, there are 12 enterprises that have achieved mass production of lithium iron phosphate, with a production capacity of less than 2500 tons. At present, the domestic sales price of lithium iron phosphate is basically 180-200,000 yuan/ton, the gross profit rate reaches 60-70%, and the imported price is 350,000-400,000 yuan/ton. In the face of huge market demand, the industry is "money scene." Very tempting.
The domestic production technology of lithium iron phosphate materials is not fully mature, and the material performance and batch stability are not enough. The preparation process of lithium iron phosphate materials is complicated, the technical threshold is high, and the capital threshold is high.
BYD has become the world's leading company. In terms of lithium iron phosphate materials, there has not yet been a real leader in China. Shanshan Co., Ltd. (600884), the company is currently in the A-share market with lithium iron phosphate production technology and has achieved small-scale mass production.
