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Driving the rise of lithium iron phosphate batteries

Previously, pure electric passenger cars tended to choose ternary lithium-ion batteries with higher energy density, while iron phosphate lithium-ion batteries were more commonly used in commercial vehicles. However, ternary lithium-ion batteries are inherently characterized by structural instability and poor thermal stability.

In contrast, the emergence of blade batteries has changed the industry's reliance on ternary lithium-ion batteries. Many mainstream battery manufacturers and automotive OEMs have successively announced lithium iron phosphate batteries and corresponding vehicle products, driving the rise of the lithium iron phosphate battery market. Regarding this, Wang Chuanfu listed a series of data. Since March last year, the proportion of pure electric vehicles equipped with lithium iron phosphate batteries has increased from 6% to 32%, more than five times; The installed capacity of lithium iron phosphate batteries has increased from 0.53GWh to 6.89GWh, a 13 fold increase; The proportion of new energy passenger vehicles equipped with lithium iron phosphate batteries in the monthly notice of the Ministry of Industry and Information Technology has increased from 8% to the highest level of nearly half, a six-fold increase.

After the announcement of the blade battery, almost every car brand you can think of is negotiating cooperation with Ford Battery, "Wang Chuanfu said.

At the same time, this also poses a challenge to the production capacity of BYD batteries. Currently, BYD is stepping up efforts to increase the production of blade batteries. Before the announcement, the reporter arrived at BYD's Ford Battery Factory located in Bishan, Chongqing. At night, the factory was still brightly lit and eight battery production lines were operating in three shifts. According to the staff, the factory is an important producer of blade batteries, with an annual output of 20GWh. At the same time, there are 6 production lines under construction, with a planned output of 15GWh. In addition, a new battery factory is also being prepared.

This year, BYD will invest 12 billion yuan to establish a new blade battery factory production line, with a monthly output of 80000 units. BYD revealed that the complete set of blade battery equipment and equipment is completely independently researched and manufactured, and production is rapidly climbing, far exceeding expectations, and has started supplying to the world. In the future, blade batteries will gradually be equipped with new energy vehicles from various mainstream brands both domestically and internationally.

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