Which industries are lithium iron phosphate batteries mainly used in?

Since 2017, Ruidejin has provided domestic and commercial energy storage battery systems, power battery systems and various customized power supply solutions and products for global users. Own independent intellectual property rights and core technologies. As a lithium battery manufacturer, we always adhere to the principle of “quality and service are the life of products”. So far, with our strict quality control and high level of service, our products have been exported to more than 20 countries. We mainly produce lifepo4 cells and make energy storage batteries. The energy storage batteries include 12V, 24V, 48V, etc., with a capacity of 50Ah – 600Ah. Our products are mainly used in motorhomes, golf carts, small aircraft, ships, and new energy vehicles. We have all the elements responsible for research, design, manufacturing, sales and distribution. Through the research and development of new technologies, we are not only the followers of the fashion industry, but also the leaders of the fashion industry. We carefully listen to customer feedback and provide instant communication. You will immediately feel our professional and considerate service.
With the surge in the sales of new energy vehicles, the demand for power battery loading has increased strongly: 63.3 GWh in 2020, 154.5 GWh in 2021 and 294.6 GWh in 2022, which can be regarded as a double growth. The core materials of power battery mainly include lithium iron phosphate and ternary materials. Other materials account for only 0.4% of passenger cars and are still shrinking.

China’s total installed capacity of power batteries in 2020 is 63.3 GWh,. The installed capacity of ternary power battery in 2020 is 39.7GWh; The cumulative load of lithium iron phosphate battery is 23.6GWh.


The cumulative installed capacity of power battery in 2021 will be 154.5GWh. Among them, the cumulative load of ternary battery is 74.3GWh; The cumulative load of lithium iron phosphate battery is 79.8GWh.

The cumulative installed capacity of power battery in 2022 is 294.6GWh. Among them, the cumulative installed capacity of lithium iron phosphate battery is 110.4 GWh, and the cumulative installed capacity of lithium iron phosphate battery is 183.8 GWh. The lithium iron phosphate battery is ahead of the ternary battery.

According to the latest data, the proportion of ternary materials in the loading of new energy vehicles has dropped significantly, from 61% in 2018 to 34% in January 2023, reflecting the sharp contraction of the ternary battery market. The top battery technology experts said that there was a huge risk in the ternary lithium battery, especially the 811 formula had exceeded the ability of human control, so they did not follow this route hastily.
Lithium iron phosphate battery shows a trend of rising against the trend, because the battery is currently a mature product and has been widely used; And it can guarantee long battery life, so such a high-end product is very competitive, which has a positive significance for the entire electric vehicle industry. It is not difficult to see that lithium iron phosphate battery has gone through its dominant position, to the gradual “decline” caused by policy guidance, and then to return to its dominant position. The lithium iron phosphate battery is being recognized and recognized by the public. Our company specializes in the production of lithium iron phosphate batteries, and looks forward to cooperating with dealers in various countries.

Post time: Mar-03-2023