The difference between ternary lithium battery and lithium iron phosphate battery

From the point of view of materials, the "ternary" of a ternary lithium battery refers to a polymer containing three metal elements of nickel, Ni, cobalt, manganese, or aluminum, which is used as a positive electrode in a ternary lithium battery. The three are indispensable. Each element plays an important role, and the characteristics of each element also restrict battery performance; lithium iron phosphate batteries use lithium iron phosphate (LiFePO4) as the cathode material, and iron As a raw material for batteries, the PO bond in the lithium iron phosphate crystal is very stable and difficult to decompose. Even at high temperatures or overcharge, it will not cause structural collapse or heat generation or form strong oxidizing substances, which has good safety. From a structural point of view, the ternary lithium battery has high energy density, high charge, and discharge efficiency, and at the same time it is not resistant to high temperatures; the advantages of lithium iron phosphate are: lower cost, stable structure, and longer charge and discharge cycle life. However, there are also problems of low energy density, low charge and discharge efficiency, and poor low-temperature performance. From the point of view of use, generally speaking, ternary lithium batteries are suitable for scenarios that require high energy density, limited space, and high customer experience requirements, such as mid-to-high-end passenger cars; while lithium iron phosphate is suitable for large spaces and large installations. Volumetric batteries require high safety performance and require a long-term uninterrupted operation, such as commercial vehicles and energy storage facilities.