A type of lithium-ion battery that utilize lithium iron phosphate (LiFePO4) as the cathode material and carbon (graphite) as the anode material.
Key advantages
These batteries are known for their high safety, long cycle life, low cost, better resistance to high temperatures and eco-friendly.
Thanks to the stable electrochemical performance of the cathode material, they are less prone to catching fire or exploding even under extreme conditions such as short circuiting, overcharging, or crushing. They also have a long cycle life, typically 2000 to 5000 cycles, which is significantly higher than other types of lithium-ion batteries. Moreover, lithium-iron phosphate batteries have a relatively high energy density and offer benefits such as no memory effect and a low self-discharge rate.
Besides, LFP batteries are considered more environmentally friendly than Lead Acid batteries, as they do not contain toxic heavy metals like lead.
Applications
LFP batteries are widely used in portable electronics, automobiles, vessels, and energy storage systems among other applications.
In industrial applications, lithium-iron phosphate batteries are extensively used in the new energy automotive industry, including golf carts, recreational vehicles, buses, logistics vehicles, LEV and marine. Further more, these batteries are popular in the energy storage market, clean machine, AGV and Telecom.
In summary, with their excellent performance and broad application prospects, lithium iron phosphate batteries have become one of the hot spots incurrent battery technology research and industrial applications.