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Industry Expert: Foresees Sustained Boom in Lithium Iron Phosphate Sector Through Next Year
6 day ago /
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Author：小编
Industry experts are projecting that the lithium iron phosphate sector will maintain its robust growth trajectory well into the following year. The third quarter of this year witnessed a notable resurgence in the industry, characterized by power batteries constituting over 80% of vehicle installations, a robust demand for energy storage solutions, heightened operational rates across the sector, and prices surpassing cost benchmarks. A top-tier executive from a prominent firm revealed that, at present, production lines are in a position to cherry-pick orders. Several industry insiders have highlighted that premium products, particularly those boasting high compaction ratios, are poised to become even more scarce in the market.
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