According to the Securities Times, the price of lithium iron phosphate saw its first increase this year. Jiangxi Zhili Technology issued a “Price Adjustment Explanation Letter” on November 19. The company decided to increase the order price of lithium iron phosphate by 1,000 RMB per ton from November 19.
According to observations from industry websites, since mid-November, lithium iron phosphate cathode companies have announced price increases. The current industry average price has risen from the low of 33,000 yuan/ton to 35,000 yuan/ton. , an increase of about 2,000 yuan/ton. Currently, the installed volume of lithium iron phosphate batteries in October increased by 127.5% year-on-year and also increased by 3.5% month-on-month. This is also due to the industry's optimism about the high safety and low cost of lithium iron phosphate batteries.For example, BYD's blade battery is also a hit product this year.
This article is from the author of Autohome Chejiahao and does not represent the views and positions of Autohome.