The Trillion-dollar Battery Market is In Fierce Competition, With Lithium Iron Phosphate and Lithium Batteries Dominating The High-rate Competition!

As the electrification wave accelerates, high-rate battery technology with lithium iron phosphate batteries and lithium batteries as the core is bringing about global industrial changes. From ultra-fast charging of electric vehicles to energy storage system upgrades, from power tools to low-altitude economy, the two major battery technologies have become the leading force in the field of energy storage systems (ESS) and energy storage batteries (ESB) by improving energy density, rate performance and cycle life.

CATL's second-generation supercharged battery is based on lithium iron phosphate, which can achieve 12C supercharging and a range of over 520 kilometers after charging for 5 minutes; BYD's "megawatt flash charging" blade battery has pushed the penetration rate of lithium iron phosphate in the commercial vehicle market to over 70%. The world's leading battery manufacturers are competing to deploy 6C-10C fast charging technology, and the production capacity competition between lithium iron phosphate and lithium batteries is fierce. It is estimated that the demand for high-density lithium iron phosphate will reach 800,000 tons in 2025.

The demand for high-rate energy storage batteries has surged. CATL's megawatt-class energy storage cabinets use lithium iron phosphate technology with a discharge rate of over 3C. Narada Power provides 1C-6C discharge energy storage batteries for data centers, with excellent energy density and safety. Energy storage systems (ESS) are accelerating their extension to high-power scenarios, and lithium iron phosphate batteries dominate with their long life characteristics.

The low-altitude economy and the robotics industry have created new demand for high-rate batteries. EVE Energy's eVTOL battery supports 10C discharge with an energy density of 320Wh/kg, and lithium iron phosphate batteries and ternary materials jointly support drones, flying cars and other scenarios; in the robotics field, full-ear cylindrical batteries achieve 40A continuous discharge, and lithium battery technology has become the core power source.

In addition to lithium batteries, sodium batteries have entered the start-stop market with high rate and low temperature performance, but lithium iron phosphate and lithium batteries are still the mainstream. In the future, the competition of energy storage systems (ESS) will focus on the ultimate cost reduction of lithium iron phosphate and the ultimate performance breakthrough of lithium batteries. The victory or failure of the trillion-dollar race depends on technological innovation and the speed of large-scale implementation.