How fragrant is it to even replace Tesla with lithium iron phosphate batteries?

　　With the rapid popularization of new energy vehicles, the performance of new energy vehicles is no longer a reference indicator for buying a car. The performance and durability of vehicle batteries have become a concern for prospective car owners. As a core component of new energy vehicles, batteries are crucial to their range and also determine their price.

　　Along with this topic, the Ministry of Industry and Information Technology of China released the 339th batch of "Announcement on Road Motor Vehicle Production Enterprises and Products" on December 8th. From it, we can see that many vehicles have replaced their ternary lithium batteries with lithium iron phosphate batteries. At the same time, even Tesla, which has recently become popular, is preparing to launch a Model 3 equipped with lithium iron phosphate batteries. This also makes us ponder: even Tesla needs to be replaced, how fragrant is lithium iron phosphate batteries? Follow our article in this issue to explore the truth.

　　Firstly, out of a total of 33 pure electric vehicle models, 19 use ternary lithium batteries, 12 use lithium iron phosphate batteries, and 2 are labeled as lithium-ion batteries. The proportion of ternary lithium and lithium iron phosphate batteries is 57.6% and 36.4% respectively. Compared with the previous announcement, the proportion of vehicles equipped with lithium iron phosphate batteries has significantly increased. At the same time, according to last year's data, the proportion of installed lithium iron phosphate batteries is also steadily increasing.

　　Except for Tesla Model 3, among the pure electric passenger cars declared in this batch, domestic brands represented by BYD, and their new models BYD Qin PLUS DM and BYD Song Pro DM all use lithium iron phosphate batteries, including the "blade battery" carried by the flagship model BYD Han launched this year, which is essentially a type of lithium iron phosphate battery. In the wave of replacing lithium iron phosphate batteries, Xiaopeng Motors has also replaced its mass-produced Xiaopeng G3 models with lithium iron phosphate batteries. As a member of a new force in the automotive industry, Xiaopeng Motors is a new force car company that is replacing lithium iron phosphate batteries. After Xiaopeng started, we believe that in the future, we will also see new forces such as NIO and WM replacing lithium iron phosphate batteries.

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