February , 2022
At present, China's vehicle power lithium battery technology route chooses the same lithium iron phosphate route as the United States. There is no doubt that lithium iron phosphate batteries have many advantages: high stability and relatively cheap price, but their energy density (higher energy density can better solve the problem of battery life) has very limited room for improvement.
Prices of some of the raw materials used to make lithium-ion batteries for electric vehicles continue to soar, the latest data shows. Lithium carbonate rose by 14,000 yuan/ton today, and the latest quotation was 380,000 yuan/ton; lithium hydroxide rose by 10,500 yuan to 11,500 yuan per ton, and lithium iron phosphate, the cathode material, rose by 7,500 yuan per ton.