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However, lithium iron phosphate batteries also have two significant drawbacks that cannot be ignored: firstly, they have relatively low energy density, large weight, and large volume; The second is relatively sensitive to temperature, and in low-temperature environments, the amount of charge will significantly decrease. Due to the energy density not meeting the national requirement of 150 watt hours/kg, it is not suitable for large-scale application in passenger cars.

Due to the policy guidance of the country in the field of passenger cars, energy density has been placed in a relatively high position, so various car companies are promoting or replacing ternary lithium-ion batteries. Even BYD, which had previously mastered the advantages of lithium iron phosphate technology, is gradually replacing the power lithium batteries used in its models with ternary lithium. These models include Tang, Qin, and Tengshi, among others. Although Tengshi, which currently uses ternary lithium-ion batteries, has not yet been launched for sale, there are reports that the next round of new products will use ternary lithium-ion batteries.

Including the hybrid versions of the Accord and Camry from Japanese manufacturers, the latest models currently being sold also use ternary lithium-ion batteries. After using ternary lithium, due to the significant increase in energy density, reduction in battery volume, and weight reduction, more practical space is freed up for the passenger compartment or trunk. So, overall, ternary lithium-ion batteries have more obvious advantages in the current policy environment.

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