The installed capacity of lithium iron phosphate batteries continues to increase, and the application of heavy trucks and ships has accelerated expansion

The latest data from the Power Battery Application Branch of the China Chemical and Physical Power Industry Association shows that driven by the domestic Tesla Model 3 and other models, Ningde Times successfully topped the list of installed lithium iron phosphate passenger cars in November. According to statistics, in the first 11 months of this year, my country's power battery output fell by 13.8% year-on-year, but the cumulative output of lithium iron phosphate batteries reached 28.0GWh (gigawatt hours), an increase of 5.7% year-on-year. In terms of application, we will accelerate the expansion of heavy trucks, ships, and other fields. 　　 Data from the Power Battery Application Subcommittee showed that in November, the installed capacity of Ningde era passenger car supporting lithium iron phosphate batteries reached 791.35MWh (megawatt-hours), an increase of 919.78% from the previous month, ranking first in the month. According to the analysis, CATL’s lithium iron phosphate batteries in the passenger car market increased significantly in November, mainly due to the significant increase in insurance data for Tesla Model 3, Hongguang MINI EV, and other models, of which 10145 Teslas Model 3 is equipped with lithium iron phosphate batteries, and 11,800 Hongguang MINI EVs are equipped with lithium iron phosphate batteries. Many other car companies are also customers of Ningde era lithium iron phosphate batteries. 　　Take Tesla as an example. Previously, the company predicted that its Shanghai plant would produce 550,000 vehicles in 2021, including 300,000 Model 3 vehicles. Electric new industry researcher believes that the share of lithium iron phosphate batteries in the passenger car market will further expand next year. 　　 With the introduction of the new energy vehicle industry policy and the active encouragement of the power exchange mode by relevant departments, electric heavy trucks will usher in the first year of development in 2020. In the 339th batch of "Road Motor Vehicle Manufacturers and Product Announcements" announced by the Ministry of Industry and Information Technology in December, 16 heavy trucks (including dump trucks) appeared in new energy logistics vehicles, of which 10 heavy trucks are clearly equipped Lithium iron phosphate batteries, and another 4 heavy trucks will be equipped with lithium iron phosphate batteries or fuel cells. 　　 Zheng Jianxin, deputy general manager of Xuzhou Xugong Automobile Manufacturing Co., Ltd., said at the China International Power Exchange Mode Industry Conference that XCMG had more orders for heavy-duty trucks than rechargeable heavy-duty trucks in the fourth quarter of this year. The industry predicts that during the "14th Five-Year Plan" period, the penetration rate of pure electric heavy-duty trucks can reach 10%. If the sales of heavy-duty trucks reach 1 million in 2025, pure electric vehicles will be close to 100,000. 　　 Ship electrification will become another actively expanding market for lithium iron phosphate. The world's largest pure electric green commercial ship-the "Yangtze Three Gorges 1" pure electric cruise ship officially started construction recently. The cruise ship is equipped with Ningde era power batteries. The battery system consists of more than 10,000 high-safety lithium iron phosphate batteries with a total power of 7.5MWh, which is equivalent to the total battery capacity of more than 100 pure electric vehicles. Zeng Yuqun, chairman of CATL, said that the installed capacity of power batteries is leaping from the scale of GWh to the era of TWh. Application scenarios with intelligence as the core, such as unmanned mines, electric heavy trucks, electric ships, and other fields, will become one of the main lines of the company's future development.