Eight Advantages Of LiFePO4 Battery Industry

Today, Enershare would like to share the Eight Advantages of Lifepo4 Battery Industry with you, to help you know more about the LiFePo4 Battery industry.

First, it conforms to the national policy orientation.

Lithium iron phosphate industry in line with the national industrial policy guidance, the development of all countries in the energy storage battery and power battery in the height of national strategic level, matching funds and policy support is very big, China is also very support in this aspect, focus on nickel metal hydride batteries in the past, is now looking more focus on lithium iron phosphate batteries.

The second, it represents the future direction of battery development.

Lithium iron phosphate battery, as a utility model lithium battery, represents the future development direction of batteries. It is the most ideal power battery ever invented. Despite some shortcomings in technology and price, it has already gone commercial. Industry experts generally believe that technology will not become an obstacle to the industrial development of lithium iron phosphate (for A123, Valence, Phostech mature technology of precedent), but the price also with the expansion of production capacity and dramatically reduce, the future will be even the cheapest power battery.

The third largest market capacity.

Lithium iron phosphate industry's market cake is beyond imagination. According to relevant material analysis, the global market capacity of cathode materials is tens of billions, and the market capacity of batteries is more than 500 billion.

Fourth, steady and rapiddevelopment.

According to the law of battery industry development, both materials and batteries show a stable growth trend, which can resist the impact of cyclicality and national macro-control. As a new material and battery -- lithium iron phosphate, with the development of the stock market and the penetration of the incremental market, its growth rate is obviously faster than the overall development rate of the battery industry.

Fifth, it has a wide range of applications.

About application we have talked in the last article.

The sixth industry is very profitable.

The profit margin of lithium iron phosphate industry is very high, the gross margin of cathode materials is more than 70%, and the gross margin of electric cells is also more than 50%. And the industry will remain highly profitable for a long time (tentatively, five years), supported by strong markets ahead.

Seventh, there are certain technical barriers.

Lithium iron phosphate industry has a certain threshold, not who to do will do success, especially in the field of materials, technical barriers are high, can avoid too much competition. As a new entrant to the industry, the choice of materials must be more sensible than batteries, because there are many existing lithium battery manufacturers, especially large companies are difficult to shake the position, they cut into lithium iron phosphate batteries have more advantages.

No. 8 is not subject to foreign markets.

The lithium iron phosphate industry will not rely too much on foreign markets, nor will raw materials and equipment be subject to foreign enterprises. The whole domestic industry chain is relatively mature. At the same time, the research and industrialization of lithium iron phosphate at home and abroad have little difference, almost at the same starting line.This is very different from the solar cell industry, where the polysilicon needed for solar cells is at the opposite end of the spectrum from the end-use market and is heavily influenced by foreign policies and market changes that have emerged during the financial crisis.

To sum up, domestic lithium iron phosphate has a broad market space, and it is a rare opportunity for the rapid development of Lithium Ion Batteries. Although there are still many problems in the development, but I believe that in the near future, through the joint efforts of various enterprises, will be able to promote the long-term development of China's battery industry.