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<p>The rapid development of mobile phones, electric vehicles, electric tools, digital cameras, etc. has made more and more products and scenarios using lithium-ion batteries.</p><p><br></p><p>According to incomplete statistics, in 2019, the proportion of lithium-electric vehicles in the domestic electric vehicle industry is close to 20%. With the promotion of lithium-electric vehicles by policies, manufacturers, and consumers, it is expected that the penetration rate of lithium batteries will become higher and higher, while two-wheeled electric vehicles The total car shipments are about 40 million units. This is already a large-scale market. For<a href="https://www.hgbbattery.com/product" rel="noopener noreferrer" target="_blank"> <a href="https://www.hgbbattery.com/product" target="_blank">lithium battery</a></a> companies, the "spring of lithium batteries" is here again!</p><p><br></p><p>On the other hand, the emergence and rapid growth of new business models such as shared bicycles, takeaways, and logistics have also driven long-term bullish demand for electric light vehicles.</p><p><br></p><p>Therefore, whether it is a traditional consumer lithium battery company or a rapidly rising power lithium battery company in recent years, they have extended their tentacles to the field of electric light vehicles, hoping to take a slice of this tide of "lead to lithium".</p><p><br></p><p><br></p><p>In the new energy vehicle market, power batteries present multiple<a href="https://www.hgbbattery.com/product" rel="noopener noreferrer" target="_blank"> lithium battery </a>technology routes such as ternary, lithium iron phosphate, lithium manganate, lithium titanate, and multi-element composite lithium. When entering the electric bicycle market, many companies have also taken advantage of their superior products or technologies in the power field as a fist product, which in turn makes the current lithium battery market technology route also present a diversified status quo.</p><p><br></p><p><br></p><p><br></p><p>An analyst said that the reason why lithium batteries have become popular in the electric bicycle market in recent years. In addition to the continued decline in the price of lithium batteries, the performance requirements of lithium batteries can meet the needs of application scenarios that lead batteries cannot meet before, and it is more critical. Different application scenarios have different requirements for the lithium battery material system. It is expected that the electric bicycle market will also show a trend of multi-point flowering of battery materials.</p><p><br></p><p><br></p><p><br></p><p>Although the development prospect of the<a href="https://www.hgbbattery.com/product" rel="noopener noreferrer" target="_blank"> lithium battery</a> industry is good, the bottleneck restricting the development of the lithium battery industry cannot be ignored. For example, many lithium batteries cause huge pollution and waste of resources when they are mined. After scrapping, they will also produce high voltages above 500V. Improper operation during recycling will also cause fire and explosion hazards. The manufacturing process is of low quality and cost. High, the core technology of materials is to be broken. Of course, everything is not absolute. To break through the bottleneck, companies only have to work harder on the problem.</p>
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