Lithium iron phosphate prices rebound as technological iterations change production capacity structures.

With the active layout of automobile manufacturers and battery producers, and the explosion of global energy storage demand, the price of lithium iron phosphate, which serves as the "cost-effective option" for batteries, has rebounded, rising by about 10% since October. Many top companies have their lithium iron phosphate orders scheduled for the first half of next year, with production lines running at full capacity. At the same time, the rapid development of new technologies such as high-voltage solid-state lithium iron phosphate has prompted midstream material companies to upgrade their technologies and adjust their production capacity structure.