Application of New Energy Vehicle Industry
The "Development Plan for Energy Conservation and New Energy Vehicle Industry" in China proposes that the overall goal of the development of new energy vehicles in China is to achieve a cumulative production and sales volume of 5 million new energy vehicles by 2020, and the scale of China's energy conservation and new energy vehicle industry ranks among the top in the world. Lithium iron phosphate batteries are widely used in passenger cars, buses, logistics vehicles, low-speed electric vehicles, etc. due to their advantages of good safety and low cost. Although in the current field of new energy passenger vehicles, ternary batteries dominate due to the influence of national subsidies for new energy vehicles and the advantage of energy density, lithium iron phosphate batteries still occupy an irreplaceable advantage in the fields of buses, logistics vehicles, etc. In the field of passenger cars, lithium iron phosphate batteries accounted for approximately 76%, 81%, and 78% of the recommended vehicle models for the promotion and application of new energy vehicles in the 5th, 6th, and 7th batches of 2018 (hereinafter referred to as the "Catalogue"), still maintaining the mainstream. In the field of specialized vehicles, lithium iron phosphate batteries accounted for approximately 30%, 32%, and 40% of the 5th, 6th, and 7th batches of the Catalogue in 2018, respectively, and their application proportion gradually increased.
Start the application on the power supply
Starting type lithium iron phosphate batteries not only have the characteristics of power lithium batteries, but also have the ability to instantly output high power. Power type lithium batteries with energy less than one kilowatt hour are used to replace traditional lead-acid batteries, and BSG motors are used to replace traditional starting motors and generators. They not only have idle start stop function, but also have engine stop and coasting, coasting and braking energy recovery, acceleration assistance, and electric cruise control functions.
The application of energy storage market
Lithium iron phosphate batteries have a series of unique advantages such as high working voltage, high energy density, long cycle life, low self discharge rate, no memory effect, green environmental protection, etc. They also support stepless expansion and are suitable for large-scale energy storage. They have good application prospects in the fields of safe grid connection of renewable energy power stations, grid peak shaving, distributed power stations, UPS power supply, emergency power supply systems, etc.
With the rise of the energy storage market, in recent years, some power battery companies have laid out their energy storage business to explore new application markets for lithium iron phosphate batteries. On the one hand, due to its ultra long lifespan, safe use, large capacity, and green environmental protection, lithium iron phosphate can be transferred to the energy storage field, which will prolong the value chain and promote the establishment of a new business model. On the other hand, energy storage systems for lithium iron phosphate batteries have become the mainstream choice in the market. According to reports, lithium iron phosphate batteries have been attempted for frequency regulation on electric buses, electric trucks, user side, and grid side.
