Industry insiders: The high prosperity of the lithium iron phosphate industry is expected to continue into next year.
The reporter learned that the lithium iron phosphate industry showed a significant recovery in the third quarter, with its share in power battery installations remaining stable at over 80%, and demand for energy storage also strong. The industry's operating rate has returned to a prosperous level, and prices have climbed back above the cost line. A senior executive of a leading material company bluntly told the reporter, "Now it is more about production lines choosing orders, rather than orders choosing production lines." Several industry insiders interviewed predicted that the high prosperity of lithium iron phosphate is expected to continue until next year, especially for high-end products such as high-voltage solid-state batteries, which will be in even greater demand.
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