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Lithium iron phosphate has the characteristics of long life, safe use, large capacity, green environmental protection, etc., and its demand continues to increase in the fields of power batteries and energy storage. At present, the energy storage system with lithium iron phosphate batteries has become the mainstream choice in the market. In the first seven months of 2022, China's domestic lithium iron phosphate energy storage accounted for more than 90% of the electrochemical energy storage field.

From August 23 to 25, 2022, The Smarter E South America 2022 (a battery energy storage system exhibition) was held at the White, Green and Red Pavilions of São Paulo's Expo Center Norte (ECN), Brazil.

LFP started earlier, the technology developed more mature, its core advantages are low cost, environmentally friendly, high safety performance, better structure stability and cycle performance.

With the same price, shall we choose ternary lithium battery or lithium iron phosphate battery?

Compared with ternary lithium-ion batteries, lithium iron phosphate batteries with low raw material prices, high safety and long service life have obvious advantages. Many battery manufacturers are also confident in the larger scale market of lithium iron phosphate.

Generally, after the flameout of the vehicle, the higher frequency of using the car, the higher frequency of replacing the battery. Therefore, people often ask: Can lithium batteries be used instead of lead-acid batteries for car starter batteries?

Power batteries include lithium-ion power batteries, metal hydride/nickel power batteries, etc. Lithium-ion power batteries are usually referred to as lithium-ion batteries. Lithium-ion batteries are an important category of power lithium batteries for new energy vehicles and have the largest market share.