LFP Battery (Lithium iron phosphate battery) returns strongly for Electrical Vehicle

Have you ever learn more about the LFP Battery product?

Under the macro trend of "carbon neutrality", it is only a matter of time before traditional fuel vehicles withdraw, and new energy vehicles take on an important mission as their successors.

Many investors regard new energy vehicles as a new thing, but in fact the invention of electric vehicles is nearly 40 years earlier than gasoline vehicles. As early as 1834, American inventor Tomas Davenport successfully used direct current to drive a car forward. Before 1920, electric vehicles had a strong advantage over gasoline vehicles.

However, with the rapid progress of internal combustion engine technology, electric vehicles with weak power and short battery life are gradually abandoned by the market, because compared with fuel vehicles, electric vehicles are too cost-effective.

Until today, cruising range and operating cost are still the two major pain points restricting the development of new energy vehicles. Insufficient mileage and high prices have caused consumers to still love fuel vehicles even though they know they will be replaced.

In fact, the two major pain points restricting the development of new energy vehicles can be attributed to one problem, that is, power batteries.

The power battery is regarded as the heart of new energy vehicles, and its technology will directly determine the overall quality of new energy vehicles, and the key indicator energy density will directly determine the cruising range. At the same time, the battery system is the part with the highest cost of new energy vehicles, which directly affects the final selling price of the vehicle.

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