The difference between ternary lithium battery and lithium iron phosphate battery
| Comparison Dimensions | Lithium Iron Phosphate | Ternary lithium |
| Security | High safety, good thermal stability, not easy to catch fire |
Slightly less safe, prone to thermal runaway at high temperatures or impact |
| Battery life | Low energy density, short battery life | Higher energy density and longer battery life |
| Lifespan | Long cycle life, usually more than 2000 times | The cycle life is short, usually 1000-2000 times |
| Low temperature performance | The battery life attenuation is more obvious in low temperature environment |
Good low temperature performance, suitable for cold areas |
| Charging speed | Slow charging speed | Fast charging speed |
| Cost | Low cost, suitable for economical vehicles | The cost is relatively high, mostly used in mid-to-high-end models |
| Applicable scenarios | Suitable for short-distance commuting, commercial vehicles and scenarios with high safety requirements |
Suitable for passenger cars with high requirements for endurance and use in cold areas |
| Unknown | More suitable for mass economical electric vehicles or public transportation that focus on safety, life-saving and economical. |
Suitable for users who pursue long battery life, fast charging and good low temperature performance, especially suitable for cold regions and mid-to-high-end models |