Lithium Iron Phosphate Industry Starts A Wave of Expansion, Aiming at High-End Integration Layout

As the "hottest cake" in the lithium battery field, the prosperity of the lithium iron phosphate track continues to rise, top enterprises are operating at full capacity with products in high demand. Against this backdrop, the industry has sparked a new wave of expansion, with traditional manufacturers and cross-border enterprises entering the market to seize growth opportunities in the industry boom. Securities Times reporters found that this round of expansion shows significant structural characteristics: on one hand, high-end capacity represented by high-voltage lithium iron phosphate has become the focus of construction for various companies; on the other hand, more and more enterprises are extending their investment into the resources such as phosphorus and lithium and precursor fields, with integrated projects being announced one after another. It is important to note that the conversion of theoretical capacity into effective capacity for enterprises requires overcoming multiple hurdles such as funds, technology, cost, verification, etc., and it remains to be seen whether the structural shortage of lithium iron phosphate capacity can be alleviated. In the long run, the lithium iron phosphate industry has shifted from capacity competition to value competition, and this round of structural expansion will accelerate the elimination of outdated capacity, further promoting industry concentration.