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According to the "Global Electric Vehicle Outlook 2022" report released by the International Energy Agency (IEA) on May 23, about 6.6 million electric vehicles were sold globally in 2021, almost double that of 2020; It accounts for 10%, which is 4 times the market share in 2019. In 2021, the total number of electric vehicles on the world's roads reached about 16.5 million, double the number in 2018.
Some of these power sources include batteries which are used in devices such as phones, laptops, game consoles, digital cameras, smartwatches and many others. An example of this battery is the Lithium Iron Phosphate (LiFePO4) battery pack.
As the main growth point of electrochemical energy storage, lithium batteries account for 75% of the scale of chemical energy storage. In the long run, the energy storage field will be one of the important application markets for lithium batteries.
The application of ion batteries With the rapid development of mobile electronic devices and the continuous increase in energy demand, people's demand for lithium-ion batteries is also increasing. The high capacity, moderate voltage, a wide range of sources of lithium-ion batteries, long cycle life, low cost, good performance, and no pollution to the environment determines that it can not only be used in mobile communication tools but may also become a rapidly growing battery. The power supply for the development of electric vehicles.
The application of lithium battery energy storage can change my country's traditional energy supply and consumption model, which is of great significance to promoting my country's energy structure transformation, consumer-side energy revolution, ensuring energy security, and achieving energy conservation and emission reduction goals.
However, the lithium-ion batteries (i.e. Li-Po, LFP batteries) are also ideal for use in high power applications like electric motorcycles, go-kart, drill, and other industrial applications, cause the li-ion batteries are ideal to achieve high rate charge/discharge, that’s also the high power devices needed.
The lead acid battery has been around since the 1800's, and is perhaps the oldest type of battery design available. Yet despite the introduction of newer battery technologies, lead acids remain quite popular. Lead-acid batteries account for about 40% of the batteries sold in the world. This popularity is partially a result of the reliability of lead-acid batteries, but also a result of their low cost. Indeed, the main argument favoring the lead acid battery is that they offer substantial benefits at a low cost.