CTECHi Technology Co. Ltd

Lithium-ion batteries can be classified into three typesdepending on the application scenario: consumption, power, and energy storage.Power lithium batteries and energy storage lithium batteries are highlyregarded in the industry. According to the prediction of authoritative experts,by 2020, the proportion of power lithium batteries in all lithium batteryapplications in China is expected to increase to 70%, and power batteries willbecome the main force of lithium batteries.

The lithium battery industry is developing rapidly, mainlybecause the policy has promoted the development of the new energy automobileindustry. In April 2017, the Ministry of Industry and Information Technology ofthe People's Republic of China also mentioned in the latest long-termdevelopment plan for the automotive industry that by 2020, the production andsales volume of new energy vehicles will reach 2 million units, with the goalof accounting for automobile production and sales by 2025. More than 20% of theamount. It can be seen that the future environmental protection industries suchas new energy and green energy conservation will become important pillarindustries of the society.

In the future trend of power battery technology, ternaryizationis becoming a major trend. Compared with lithium cobalt oxide and lithiummanganate batteries, lithium iron phosphate ternary lithium battery has highenergy density, high pressure platform, high tap density, good cycleperformance and electrochemical stability, and has obvious advantages in theupgrading range of new energy vehicles. It also has a larger output power, goodlow temperature performance, and can adapt to 24-hour temperature. For electricvehicles, there is no doubt that most consumers are paying attention to theirdurability and safety, while lithium batteries are a better choice.

The rapid growth in demand for electric vehicles has led to asharp rise in demand for power lithium-ion batteries, making them a drivingforce for growth in the lithium-ion battery industry. Since its inception inthe 1980s, lithium batteries have experienced long-term precipitation andtechnological innovation. At the same time, the production and destructionprocess of lithium batteries is less harmful to the environment and more inline with the needs of current social development. Therefore, lithium batterieshave become the core focus of the new generation of energy. In the medium term,the current transportation technology upgrade is the core of global applicationtechnology upgrades. As an indispensable accessory for transportationtechnology upgrades, power lithium batteries are expected to achievesignificant growth in the next 3-5 years.