The lithium battery industry has frequently seen large orders of lithium iron phosphate, and leading companies have confirmed the news of product price increases.

On February 27th, Jinshi data reported that in recent times, the lithium battery industry has frequently seen large orders for lithium iron phosphate, with leading companies confirming the news of price increases for their products. “The current capacity utilization rate of mainstream lithium iron phosphate manufacturers has generally increased, especially for high-end products which are in high demand. As far as I know, a leading enterprise in the central China region has all their fourth-generation lithium iron phosphate production lines operating at full capacity,” a lithium battery materials industry insider told reporters.