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What is a high nickel ternary battery?
In recent years, Tesla, as well as battery manufacturers in Japan and South Korea, have been developing "high nickel ternary batteries." By reducing the use of rare metal cobalt and increasing the use of aluminum and nickel, these batteries not only lower costs but also enhance energy density.
Lithium batteries are currently the mainstream choice for electric vehicles, regarded as the "oil" of the new energy era. The demand for lithium batteries has risen with the growth of electric vehicles. However, the pandemic and wars have led to increased prices of metal raw materials and components, driving up the cost of lithium batteries.
2024.02.01
Industry Trends