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In October, the loading volume doubled year on year, and LiFePO4 battery made a comeback
Latest company news about In October, the loading volume doubled year on year, and LiFePO4 battery made a comeback

 

In October, the total loading volume of LiFePO4 battery increased by 127.5% year-on-year, and the wind head covered the ternary lithium battery. The new energy vehicle companies using this kind of battery are speeding up to seize the market of new energy electric vehicles by means of price reduction.

 

The lithium iron phosphate battery, which has experienced the peak and the trough, is showing a momentum of revival. According to the latest statistics of China Automobile Industry Association, the total number of lithium iron phosphate batteries loaded in October increased by 127.5% year-on-year, with the wind head covering the ternary lithium battery. The new energy vehicle companies using this kind of battery are speeding up to seize the market of new energy electric vehicles by means of price reduction. Some people in the industry said "LiFePO4 battery has cost advantages and safety advantages.”

 

Lithium iron phosphate battery loading increases sharply

 

According to the statistics of CAAC, in October 2020, China's power battery loading volume was 5.9gwh, up 44.0% year-on-year, and continued to maintain the growth trend. Among them, ternary lithium batteries were loaded 3.4gwh, up 15.7% year-on-year and 19.1% month on month; lithium iron phosphate batteries were 2.4gwh, up 127.5% year-on-year and 3.5% month on month.

 

Last weekend, Shanghai Tesla Nanjing West Road experience store sales staff to come to buy the car Miss Liu so introduced that there are only a small number of new vehicles equipped with LG lithium-ion batteries, and the later model 3 standard versions are all equipped with lithium iron phosphate batteries. In October 2020, the production of Tesla's domestic model 3 nearly doubled. Tesla's new model 3 models, which are standard endurance models, are equipped with lithium iron phosphate batteries provided by CATL.

 

In the field of low-end electric vehicle sales, the coverage of lithium iron phosphate is also accelerating. According to SGMW's latest statistics, during the "double 11" period alone, the company's new electric vehicle Hongguang Mini EV's order volume reached 20609. The A00 car, which costs only 28800 Yuan, is equipped with low-cost universal lithium iron phosphate batteries.

 

Lithium iron phosphate ushers in the second spring

 

Industry experts point out that the rise and fall of lithium iron phosphate and lithium ternary batteries are greatly affected by the policy. The early policy was biased towards commercial vehicles, and the lithium iron phosphate battery gained advantages due to its safety. From 2014 to 2016, the shipment volume of LiFePO4 increased from 12000 tons to 56000 tons, and its market share reached 60% in 2016.

 

However, in December 2016, the competent authorities adopted the precise support policy and included the energy density of battery system into the assessment standard for the first time, and high energy density and long endurance mileage became the focus of subsidy. Ternary batteries have become popular, while lithium iron phosphate batteries have been neglected. By 2019, the proportion of the latter has dropped to less than 15%.

 

However, subsidies for new energy vehicles begin to decline in 2019, which is more than half of that in 2018, and it is likely to withdraw completely by the end of 2022. In this context, more cost-effective lithium iron phosphate batteries come back to people's attention.

 

Zhang Xiang, a senior analyst in the battery industry, pointed out that the technical level of lithium iron phosphate battery in China has been greatly improved. Especially in 2020, the promotion of BYD blade battery and lithium iron phosphate battery with CTP process inCATL has begun to change the market of high-end electric vehicles. At present, BYD's model with blade battery and Tesla Model 3, which is loaded with new lithium iron phosphate battery of CATL, have become hot selling models in China's high-end electric vehicle market.

 

Power electric vehicle reduces cost

 

"The share of LiFePO4 batteries is likely to exceed that of lithium ternary batteries again." Mei Songlin, a senior automobile industry analyst, said that the safety and low cost of lithium iron phosphate battery, as well as the industry and market's more rational understanding of the high endurance of electric vehicles, have promoted a new wave of market penetration of lithium iron phosphate batteries. Especially in reducing the cost of electric vehicles, LiFePO4 batteries play an important role. Lithium iron phosphate batteries are generally about 20% cheaper than ternary lithium batteries.

 

Industry experts point out that as the core components of electric vehicles, batteries now account for a large part of the cost of electric vehicles. Controlling the cost of battery is of great significance for automobile enterprises to reduce the price of electric vehicles.

 

There is no precious metal in lithium iron phosphate battery, phosphorus and iron are relatively cheap at present. Compared with the vehicle equipped with ternary lithium battery, the vehicle equipped with lithium iron phosphate battery has a price advantage of at least 5000 Yuan.

 

Miss Liu, the car watcher mentioned above, finally chose to buy the domestic model 3 equipped with lithium iron phosphate battery. The price was 249000 Yuan, which was much cheaper than the same Tesla equipped with lithium iron phosphate battery at the beginning of the year. Industry experts pointed out that after the full localization of parts, Tesla still has room for price reduction.

 

Wang Binggang, leader of the expert group of the national new energy vehicle innovation project, said in September this year when interpreting the "energy saving and new energy vehicle technology roadmap" version 2.0, for the future, the power battery will not only be guided by high energy density, but will be converted to adhere to the principle of safety first, taking into account performance, cost and life and other indicators.

Pub Time : 2020-11-19 08:55:51 >> News list
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