Cathode Material for Li-ion Batteries
In the Lithium-ion battery industry chain, the cathode material has a large market scale and high output value. Its performance determines the battery’s energy density, lifespan, safety, and application fields, so it has become the core material of Lithium-ion batteries, which accounts for about 40% of the battery production cost, and the commonly used cathode materials for Lithium-ion batteries are Lithium Cobaltate, Lithium Manganate, Lithium Iron Phosphate and ternary materials (NCM, NCA), etc.
Driven by the rapid development of the electric vehicle industry, the development of the global cathode material industry has been steadily improving. The production is mainly concentrated in China, Japan, and South Korea.