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Is the reversal of lithium iron phosphate batteries right or wrong as the market share of ternary lithium batteries continues to decline?
In the final batch of domestic automotive power battery installation data in 2024, the market share of lithium iron phosphate batteries reached 80.9%;
Achieve a 14% month on month growth and a year-on-year increase of 95.1%.
However, the market share of ternary lithium batteries is only 19%, with a remaining installed capacity of only 14.3 GWh.
Should we maintain an optimistic attitude when facing such a set of data?
A car enthusiast sent me this set of data to confirm their prediction, which is somewhat self satisfied;
However, the author does not believe that such a result is ideal, and can even be described as a "regression of the industry!" and a series of problems brought about by lithium iron phosphate batteries will gradually become apparent.
Why can lithium iron phosphate batteries achieve reversal?
Between 2009 and 2017, the market share of lithium iron phosphate batteries was relatively high;
During this stage, not only a large number of commercial vehicles use this type of battery, but also many passenger cars.
However, in the following two to three years, ternary lithium batteries rose strongly, but in the past two years, there has been another reversal.
That is to say, early new energy vehicles did prioritize lithium iron phosphate batteries, at least for some domestic brands;
One cycle seems to indicate that lithium iron phosphate batteries are the "most preferred
