The market prospects of lithium manganese iron phosphate are broad, and many companies are actively deploying

As a new type of cathode material, lithium iron manganese phosphate has the advantages of low cost and high energy density, and has broad market prospects. Many companies such as Wanrun New Energy, Hunan Yuneng, Defang Nano, and Yiwei Lithium Energy are actively engaged in the research and development and production of lithium iron manganese phosphate. It is estimated that by 2025, the replacement demand for lithium iron manganese phosphate in the field of electric vehicles will reach 84GWh.