Increase in market share of lithium iron phosphate battery in new energy vehicles

　　With the rapid popularization of new energy vehicles, the performance of new energy vehicles is no longer the primary reference index for car purchase. The performance and durability of automotive batteries have become the most concerned issues for future car owners. As the core component of new energy vehicles, batteries are not only related to the durability of new energy vehicles, but also determine the price of new energy vehicles. Focusing on this theme, the Ministry of Industry and Information Technology released the 339th batch of Announcement on Road Motor Vehicle Manufacturers and Products on December 8, from which it can be seen that many vehicles have replaced their ternary lithium batteries with lithium iron phosphate batteries. At the same time, even Tesla in Japan recently is preparing to launch a modle3 equipped with lithium iron phosphate battery. This also reminds us that even Tesla must be replaced. How fragrant is the lithium iron phosphate battery? Please follow our article in this issue to find out. First of all, it can be seen from the above table that among the 33 pure electric vehicles, 19 use ternary lithium batteries, 12 use lithium iron phosphate batteries, and 2 are labeled lithium ion batteries. The ternary lithium battery and lithium iron phosphate battery accounted for 57.6% and 36.4% respectively. Compared with the last release, the proportion of vehicles equipped with lithium iron phosphate batteries has increased significantly. At the same time, according to the data of last year, the installed proportion of lithium iron phosphate batteries is also rising steadily. In addition to Tesla Model 3, among the pure electric passenger vehicles declared in this batch, BYD is the representative of its own brand. Its new BYD Qin brand plusdm and BYD Song brand prodm both use lithium iron phosphate batteries, including the "blade battery" carried by BYD Han brand, the flagship model launched this year, which is essentially a lithium iron phosphate battery. In the wave of replacing lithium iron phosphate battery, Xiaopeng also replaced the lithium iron phosphate battery for its first batch production model Xiaopeng G3. As a member of the new army of automobile manufacturing, Xiaopeng Automobile is the first new army automobile enterprise to replace lithium iron phosphate battery. After Xiaopeng's launch, we believe that in the future, we will see new forces such as Weilai and Weima replace lithium iron phosphate batteries. Is it a ternary lithium battery? This is not the case.

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