News

Forecast and Analysis of China's Lithium Iron Phosphate Battery Market Status and Development Trend in 2022

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.

READ MORE