Recently, according to “LatePost”, Ningde Times will supply the latest M3P battery to Tesla in the fourth quarter of this year, which will be used in the Model Y (72kWh) model, which will be officially launched early next year. At this year’s World Power Battery Congress, Ningde Times chief scientist Wu Kai said that the company’s M3P battery has been mass produced and will be introduced to the market next year.
It is understood that the M3P battery is based on a new material system developed by Ningde Time battery, industry sources said that the M3P battery’s energy density of lithium iron phosphate increased by about 15%, up to 210Wh/kg, the cost is comparable to lithium iron phosphate, lower than ternary lithium batteries.
To be precise, Ningde Time M3P is not lithium manganese iron phosphate, but also contains other metal elements, called the phosphate system of ternary, which can solve the problem of the short cycle life of lithium manganese iron phosphate batteries, internal resistance.
Musk is very optimistic about the application of the manganese technology program in the battery, in March this year, he publicly said that Tesla has been trying to use manganese in the battery.
The industry is also optimistic about lithium manganese iron phosphate batteries, which will gradually replace the general lithium iron phosphate batteries and become the mainstream installation program.
At present, the power battery of electric vehicles on the market is mainly ternary lithium and lithium iron phosphate two, but in recent years, lithium iron phosphate has become the meat and potatoes, data show that in the first half of this year, lithium iron phosphate and ternary lithium batteries installed 58.5% and 41.4% respectively.
Once Tesla began to use Ningde Time’s latest lithium manganese iron phosphate batteries, then will inevitably play a leading and demonstration role, I believe there will be more car companies to join, then the ternary lithium battery market size or will be further compressed, completely incense.