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What lessons should China learn from the large-scale recycling of modern electric vehicles?

From the current technological level, the energy density and stability of ternary lithium are still an irreconcilable contradiction. Although there have been no battery recycling incidents similar to Hyundai in China, with the continuous increase in the number of ternary lithium batteries installed and the increasing frequency of spontaneous combustion accidents, it may only be a matter of time before battery safety recycling occurs in China. While automobile manufacturers are striving to alleviate the anxiety of electric vehicle range, I'm afraid we have to put in a lot of effort to address consumers' safety concerns about batteries.

For the NCM811 technology that has been highly questioned by the outside world, Ningde Times has stated that it will not give up. However, currently, Ningde Times is also betting on both sides, continuously adding lower cost and higher reliability lithium iron phosphate battery lines. Last year, it also successfully re-entered Tesla's supply chain with lithium iron phosphate.

In fact, for China's electric vehicle industry, the potential of lithium iron phosphate still needs to be deeply explored. In the first batch of passenger car catalogs released recently for 2021, the proportion of lithium iron phosphate supporting models has reached 48.6%, which is comparable to ternary lithium batteries.

In the past, lithium iron phosphate technology entered a trough after a brief boom due to its low energy density. However, in recent years, with the continuous progress of technology, the energy density of lithium iron phosphate has achieved a huge leap, and its advantages in cost and safety have become increasingly evident.

In this regard, BYD, which adheres to the technology of lithium iron phosphate, plays the role of keeping flowers blooming and seeing the moon shining.

In 2020, BYD developed a unique blade battery based on years of deep cultivation of lithium iron phosphate battery technology.

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