Lithium iron phosphate prices rebound, technological iteration changes production capacity structure.

In the context of active layouts by car manufacturers and battery producers, as well as the explosive demand for global energy storage, the price of lithium iron phosphate, which serves as the "cost-effective player" in batteries, has rebounded, rising by about 10% since October. Many leading companies have their lithium iron phosphate orders scheduled into 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 practical lithium iron phosphate is prompting midstream materials companies to upgrade their technology and adjust their production capacity structure.