1. The lithium iron phosphate industry is in line with the guidance of government industrial policies. All countries have placed the development of energy storage batteries and power batteries at a national strategic level, with strong supporting funds and policy support. China is even worse in this regard. In the past, we focused on nickel-metal hydride batteries, but now we are focusing more on lithium iron phosphate batteries.
2. LFP represents the future development direction of batteries. As the technology matures, it may even become the cheapest power battery.
3. The market of the lithium iron phosphate industry is beyond imagination. The market capacity of cathode materials in the past three years has reached tens of billions. In three years, the annual market capacity will exceed 10 billion yuan, and shows a growing trend. And batteries It has a market capacity of more than 500 billion US dollars.
4. According to the law of battery industry development, the materials and battery industry basically shows a stable growth trend, has good resistance to cyclicality, and is less affected by national macro-control. As a new material and battery, lithium iron phosphate has an industry growth rate that is significantly faster than the overall development rate of the battery industry as the market expands and penetration increases.
5. Lithium iron phosphate batteries have a wide range of applications.
6. The profit margin of the lithium iron phosphate industry is good. And due to the support of a strong market in the future, the industry can guarantee good profit margin in the long term.
7. The lithium iron phosphate industry has high technical barriers in terms of materials, which can avoid excessive competition.
8. The raw materials and equipment of lithium iron phosphate will be mostly supplied by domestic market. The entire domestic industry chain is relatively mature.
Post time: Feb-29-2024