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Finally, there are patent disputes in the production of iron phosphate lithium-ion batteries abroad, which is also one of the reasons why ternary cathode materials for lithium-ion batteries are commonly used in foreign electric vehicles.

The lifespan of lithium iron phosphate batteries may not be 4-5 times longer than lead-acid batteries. For lead-acid batteries with higher technological content, a lifespan of up to 5 years is not a problem. However, lithium-ion batteries will be scrapped even if left unused for five years due to the structural collapse of the negative electrode material graphite.

The cycle life of long-life lead-acid batteries is about 300 times, with a maximum of 500 times. And the lithium iron phosphate power lithium battery has a cycle life of over 2000 times, and can be used for standard charging (5 hour rate) up to 2000 times. A lead-acid battery of the same quality can last for six months, including new and old ones, and maintenance and upkeep, with a maximum of 1-1.5 years. However, when used under the same conditions, lithium iron phosphate batteries have a theoretical lifespan of 7-8 years. Overall, the cost performance ratio is more than 4 times that of lead-acid batteries in theory. High current discharge can quickly charge and discharge at a high current of 2C. With a dedicated charger, the battery can be fully charged within 40 minutes at 1.5C, and the starting current can reach 2C. However, lead-acid batteries do not have this performance.

Lithium iron phosphate battery packs can generally be used for about 8 years; But if used in the south. The lifespan of lithium iron phosphate batteries is even longer than 8 years. The theoretical lifespan of lithium iron phosphate battery packs also exceeds 2000 charge and discharge cycles, even if charged once a day, it can last for more than five years.

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