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From these perspectives, CATL's low-key approach makes sense, and everyone understands that the next round of significant changes in the entire power lithium battery industry has just begun.

The power lithium battery industry is still a technology battle

It cannot be said that CATL's rise was due to luck, but for all power lithium-ion battery companies, being able to choose the right technological direction is a matter of life and death.

There are currently two mainstream technological directions for power lithium batteries, namely ternary lithium batteries and lithium iron phosphate batteries. There are also some other niche technology directions, such as Yinlong invested by Ms. Dong, which focuses on producing lithium titanate batteries and lithium manganese oxide batteries. However, compared to the first two, the latter two have gradually been marginalized and it is difficult to see more potential.

At the beginning, the leader of the domestic power lithium battery industry was originally BYD, which has always adhered to lithium iron phosphate. Although the battery density of lithium iron phosphate is not too high, it is better suited for passenger cars due to its low cost.

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