Lithium battery technology breakthrough is imminent -Lithium - Ion Battery Equipment
Recently, there has been continuous news about new technologies of lithium batteries. For example, BYD said that it is developing lithium iron manganese phosphate batteries. Its energy density will increase by more than 60% compared with the existing lithium iron phosphate batteries, reaching the level of ternary materials. At the same time, due to the use of manganese to replace existing lithium iron phosphate batteries The cost of high-priced metals such as cobalt and nickel will drop significantly; LG Chem Energy, a subsidiary of LG Group, is also developing electric vehicle batteries with twice the battery life of most batteries currently on the market.(Lithium - Ion Battery Equipment)
The industry believes that since the cathode material accounts for more than 40% of the manufacturing cost and the performance directly determines the overall performance of the lithium battery, it will be the key to the breakthrough of lithium battery technology.
From the perspective of the industry development path, under the background that lithium manganate and ternary materials gradually seize the market share of traditional lithium cobalt oxide materials and the technology of lithium iron manganese phosphate continues to mature, the application ratio of manganese products in cathode materials is increasing. The global production of electrolytic manganese accounts for more than 90%, and the technical direction is in line with the characteristics of my country's industry.
Among the A-share companies, the technical level of Xiangtan Electrochemical (002125) lithium manganate-specific electrolytic manganese dioxide has been continuously improved, and the sales volume has shown an upward trend year by year; the interim report of Red Star Development (600367) shows that high-purity manganese sulfate is rapidly affected by the downstream lithium battery industry. Influenced by development, production and sales have risen sharply.
The industry believes that since the cathode material accounts for more than 40% of the manufacturing cost and the performance directly determines the overall performance of the lithium battery, it will be the key to the breakthrough of lithium battery technology.
From the perspective of the industry development path, under the background that lithium manganate and ternary materials gradually seize the market share of traditional lithium cobalt oxide materials and the technology of lithium iron manganese phosphate continues to mature, the application ratio of manganese products in cathode materials is increasing. The global production of electrolytic manganese accounts for more than 90%, and the technical direction is in line with the characteristics of my country's industry.
Among the A-share companies, the technical level of Xiangtan Electrochemical (002125) lithium manganate-specific electrolytic manganese dioxide has been continuously improved, and the sales volume has shown an upward trend year by year; the interim report of Red Star Development (600367) shows that high-purity manganese sulfate is rapidly affected by the downstream lithium battery industry. Influenced by development, production and sales have risen sharply.
