Technical FAQs 4

What is the production capacity of lithium iron phosphate precursors?

The global R&D center of lithium iron phosphate precursors, with an annual production capacity of about 62,500 tons of LFP and a planned annual production capacity of about 130,000 tons; the annual production capacity of ferric phosphate is about 100,000 tons, and the planned annual production capacity is about 180,000 tons.

Are lithium ion phosphate batteries the future of energy storage?

Amid global carbon neutrality goals, energy storage has become pivotal for the renewable energy transition. Lithium Iron Phosphate (LiFePO₄, LFP) batteries, with their triple advantages of enhanced safety, extended cycle life, and lower costs, are displacing traditional ternary lithium batteries as the preferred choice for energy storage.

Where is lithium iron phosphate cathode made?

The first 10,000-ton scale production base of lithium iron phosphate cathode material outside China is located in the Kendal Special Economic Zone, Central Java Province with an annual production capacity of 30,000 tons, and planned annual production capacity of about 120,000 tons.

Who developed lithium iron phosphate (LFP) battery cathode material?

September 2024: The development of lithium iron phosphate (LFP) battery cathode material was initiated by Hyundai Motor and Kia.

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