LFP is a cathode material for lithium-ion batteries with the chemical formula LiFePO₄. It is renowned for its high safety, long lifespan, and low cost, and is widely used as a battery material system in electric vehicles (EV) and energy storage systems (ESS) at present.
Typical Application Scenarios:
Electric Vehicles (EV): Especially for medium and short-range vehicles, such as BYD, Tesla Model 3 Standard Range Edition
Electric Buses and Special Vehicles: Popular due to high safety and long lifespan
Energy Storage Systems (BESS): Residential energy storage, commercial and industrial energy storage, grid-level energy storage projects
Light Electric Vehicles and Tooling Equipment
