On February 20, the US "Consumer Report" showed the latest ranking of car brands. Tesla ranks 11th place. The rank has increased by 8 places from a year ago, which is the largest increase among auto brands. And Tesla Model 3 entered the auto brand recommendation list for the first time.
On February 18th, a report "Tesla in Talks to Use CATL's Cobalt-Free Batteries in China-Made Cars-Sources" by Reuters caused heated discussion in the industry. Cobalt-Free batteries are also called lithium iron phosphate batteries, which has a much lower cost than a ternary lithium-ion battery. That's one of the most important reasons why Tesla made this decision.
This event causes the falling of the stocks of a listed company which in Cobalt industry. Many people worry about the future development of ternary batteries. But many industry insiders said in the interview that the expanded demand for lithium iron phosphate batteries does not affect the demand of ternary material batteries. According to current technology, ternary lithium batteries are still the first choice.
What is the difference between lithium iron phosphate battery and ternary lithium ion battery?
The lithium iron phosphate battery is a lithium-ion battery using lithium iron phosphate as the positive electrode material. The feature is lack of precious metal elements (such as cobalt), so the price can be very low because of such low raw material cost. During actual usage, the lithium iron phosphate battery has the advantages of high-temperature resistance, safe stability, lower price and better cycle performance.
The ternary lithium-ion battery is a lithium-ion battery using Ni-Co lithium manganate as the positive electrode material and graphite as the negative electrode material. Different from lithium iron phosphate, the voltage platform of the ternary lithium-ion battery is very high, which means that the specific energy and specific power of it are larger under the same volume or weight. In addition, ternary lithium-ion batteries also have great advantages in large rate charging and low-temperature resistance.
Today, lithium batteries are widely used in people's lives. More people use lithium-ion household batteries instead of alkaline batteries. Enegitech is one of the most famous household batteries brands in Amazon. We sell various household batteries like CR123A, CR2, AA, AAA and so on. You can search Enegitech on major shopping sites to know more about our product.
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