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The so-called lithium iron phosphate battery refers to a lithium-ion battery that uses lithium iron phosphate as the positive electrode material. The characteristic of this type of battery is that it does not contain precious metal elements. Due to the absence of precious metal materials, the raw material cost of lithium iron phosphate batteries can be compressed very low. In practical use, lithium iron phosphate batteries have the advantages of high temperature resistance, strong safety and stability, low cost, and better cycling performance.

And ternary lithium-ion batteries refer to lithium-ion batteries that use nickel cobalt manganese lithium as the positive electrode material and graphite as the negative electrode material. Unlike lithium iron phosphate batteries, ternary lithium-ion batteries have a high voltage platform, which means that at the same volume or weight, the specific energy and specific power of ternary lithium-ion batteries are greater. In addition, in terms of high rate charging and low-temperature resistance performance, etc, Ternary lithium-ion batteries also have significant advantages.

The characteristics of lithium iron phosphate batteries are high safety, high rate charging and discharging characteristics, and long cycle life. Its charging and discharging characteristics are also relatively stable. The stability under high rate discharge is related to the performance of electric vehicles in high-power demand conditions such as rapid acceleration and high speed. The more stable the voltage, the better the vehicle's performance. In addition, this can also explain why the endurance of electric vehicles decreases when driving at high speeds, and the actual discharge capacity of batteries decreases when outputting high power.

Lithium iron phosphate batteries also have good fast charging characteristics. In addition to their long lifespan and excellent charging and discharging performance, the biggest advantage of lithium iron phosphate batteries is their safety. Lithium iron phosphate has stable chemical properties and good high-temperature stability, and decomposition only begins at 700-800 ℃. In addition, it does not release oxygen molecules and does not cause severe combustion when facing impacts, punctures, short circuits, and other situations. Its safety performance is high.

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