Now the capacity density of lithium iron phosphate batteries is generally around 150Wh/kg. Even if it is done better, it is still around 160Wh/kg. Compared with the 200Wh/kg energy density of the ternary battery, there is a big gap. Lithium iron phosphate battery energy density technology has achieved breakthroughs.
The power battery market in Europe and the United States basically uses lithium iron phosphate. Some, but Japan and South Korea mainly adopt the ternary system. It can be said that the current power battery of the lithium iron phosphate system is still the most mature and safest lithium-ion power battery.
They are expensive, and lithium is an environmentally unfriendly material in limited supply. While lithium iron phosphate batteries address some of the technology's disadvantages, a new breakthrough eliminates the need for lithium entirely.
Traditionally, lithium-ion batteries used to power EVs and renewable energy grids are made of lithium iron phosphate and lithium nickel manganese cobalt oxide. However, metals such as cobalt are costly to mine and process. That drives up the price of EVs and energy storage systems and makes them less accessible to the average consumer.
A team of researchers from Guangdong University of Technology achieved a major breakthrough in lithium-ion battery technology that could make electric vehicles and energy storage cheaper. Traditionally, lithium-ion batteries used to power EVs and renewable energy grids are made of lithium iron phosphate and lithium nickel manganese cobalt oxide.
This milky-white, paper-thin material serves as an excellent solid-state electrolyte layer inside a battery cell. Traditional lithium-ion batteries use liquid electrolytes that allow lithium ions to flow between the cathode and anode to generate a current. However, liquid electrolytes have downsides, such as potential leakage.