Development Status and Prospects of Lithium-ion Power Batteries for Electric Vehicles

Major countries and automobile manufacturers in the world jointly promote the transformation of automobile energy and boost the development of electric vehicles. As the most widely used power battery, the lithium-ion power battery comes under the spotlight. The progress of lithium iron phosphate batteries and ternary lithium batteries has given rise to the hope of transformation. And the breakthrough of solidstate batteries has laid a solid foundation for future highperformance batteries. This paper reviews and analyzes the strengths and weaknesses of three power batteries, and evaluates their modifications, application, and current situation. It can be concluded that ternary lithium batteries cannot replace lithium iron phosphate batteries and solid-state batteries temporarily cannot be widely produced and applied.