on February 21, lithium carbonate futures rose sharply, and the main contract hit a daily limit, with a maximum of 103000 yuan/ton. Stimulated by the surge in futures, Salt Lake lithium, power batteries, lithium mines, lithium batteries, etc. led the two cities. At present, lithium carbonate cost support is strong, the relevant stock valuation has fallen to the extreme value, hope to meet the valuation repair.

With the rapid growth of the global new energy vehicle market, overseas production and assembly of lithium iron phosphate batteries are accelerating. China's lithium iron phosphate industry industry chain is complete, including Wanrun Xineng (688275.SH) as the representative of the lithium iron phosphate positive industry leader, with the acceleration of the industry's production capacity, operating conditions are expected to continue to improve, to help domestic lithium iron phosphate batteries to seize overseas markets.

or due to upstream supply concerns, lithium carbonate futures up and down

Recently, it was reported that the local area of Yichun, Jiangxi Province, had investigated the lithium slag problem of lithium salt production enterprises, and carried out comprehensive rectification and deployment in advance. Rumors of Jiangxi lithium mining enterprises "stopping production" have revived. Stimulated by this rumor, on February 21, the main contract of lithium carbonate futures hit the daily limit, and the quotation once exceeded 100000 yuan/ton; the 2402 limit of lithium carbonate closed at 99250 yuan/ton; and other lithium carbonate contracts all hit the daily limit in the intraday. Among them, lithium carbonate 2412 and 2501 both closed more than 100000 yuan/ton.

the above news superimposed on the previous Australian lithium ore cut-off news, lithium carbonate as the representative of the lithium battery industry chain price stabilization is expected to gradually rise, the industry boom recovery can be expected. In recent years, with the progress of technology, the performance of lithium iron phosphate battery has been greatly improved, the energy density has been improved, the cost advantage has been further highlighted, and the market scale has grown rapidly. As a lithium phosphate positive material industry leader, Wanrun new energy is expected to fully benefit.

Japanese, Korean and American manufacturers are aggressively entering lithium iron phosphate

On January 28, according to Nikkei News, Nissan plans to produce lithium iron phosphate batteries for electric vehicles from fiscal year 2026. The company is developing it at a research and development facility in Atumaki City, Kanagawa Prefecture, Japan, and hopes to reduce costs by 20%-30%. Japanese companies have long adhered to the technical route of ternary batteries, but in recent years they have gradually changed their arrogance and prejudice against lithium iron phosphate batteries. In February last year, Japan's Okayama Prefecture launched a plan to build a new battery factory with an annual production capacity of 5GWh. PowerX, a start-up leading the project, set its sights on lithium iron phosphate batteries.

In addition to Japanese companies, South Korea's LG New Energy, SK On, Samsung SDI, as well as European and American battery manufacturers and auto manufacturers are also increasing the layout of lithium iron phosphate batteries. Ryan Castilloux, founder of consulting firm Adamas Intelligence, said, "Lithium iron phosphate batteries have undoubtedly set off a second wave in the battery industry, and this wave is beginning to move to the West."

In February last year, Ford Motor and Ningde Times announced at the same time that the two parties would cooperate in the production of lithium iron phosphate batteries at a new factory in Michigan, USA, with an investment of up to US $3.5 billion. This is the first battery factory wholly owned by an automobile manufacturer in the United States. Ningde era will provide technical and service support for the production of the factory. The plant is expected to start production in 2026, with an initial design capacity of about 35GWh, which can provide power battery packs for about 400000 Ford electric vehicles per year. Industry insiders said that it is expected that more and more car companies will choose lithium iron phosphate solutions in their electrification path in the future, and lithium iron phosphate batteries are expected to achieve global support.

as the global mainstream lithium battery factory core supply merchants, Wanrun new energy help domestic batteries go to sea

On February 18, according to BorgWarner's official website, the company recently announced the signing of a strategic cooperation agreement with BYD's Fodi Battery. Under the agreement, BorgWarner will become the only non-automotive manufacturer that is not affiliated with Ferdie Batteries to be localized, with the right to use Ferdie Blade cells to locally produce LFP battery packs for commercial vehicles in Europe, the Americas and parts of Asia Pacific.

public information shows that, as one of the leading enterprises in the domestic lithium iron phosphate cathode material industry, Wanrun Xinneng has established long-term and stable cooperative relations with mainstream lithium battery manufacturers such as Ningde Times and BYD, and has not broken off new customers. From the sales point of view, Ningde era for three consecutive years ranked first in the company's sales, BYD sales accounted for an increasing proportion, the two major battery head manufacturers locked most of the company's orders.

With the strengthening of the demand for downstream demand markets such as new energy vehicles and energy storage, domestic lithium iron phosphate is seizing more overseas markets. According to data from the China Automotive Power Battery Industry Innovation Alliance, in January this year, the total export volume of power batteries reached 8.4GWh, of which the export volume of lithium iron phosphate batteries 4.2GWh, an increase of 96.2 percent over the same period last year, accounting for 50.5 percent of the ternary lithium batteries.

At present, Tesla has a large number of lithium iron phosphate batteries, Tesla CEO Musk also claimed that the future 2/3 of Tesla cars will use lithium iron phosphate batteries. In recent years, international car companies such as Volkswagen, BMW, Ford, Hyundai, Renault, Mercedes-Benz, and General Motors have also stated that they may consider using or further expanding lithium iron phosphate batteries.