Why is the market share of marine LiFePO batteries rising rapidly

Electric marines need to carry more batteries, and have high requirements on battery discharge, cycle and cost. The LiFePO battery used in electric marine has excellent performance in terms of safety, density and cycle.

Electric marine has the advantages of green environmental protection, zero pollution, safety and low cost of use, and the operating cost is more than 30% lower than that of diesel fuel. In addition, the electric marine has a simple structure, stable operation, convenient maintenance, and conforms to the trend of environmental protection.

In the future, there will be more types of marine energy specifications, and the energy application forms will be diversified and mixed. LiFePO batteries with better comprehensive performance in terms of safety, cycle and rate are the mainstream. And as the proportion of LiFePO batteries used in the electric marine field increases in the future, the price of the products will show a downward trend. At present, the 12V100Ah LiFePO4 Lithium Battery is the most popular specification, and is favored by most marine companies, wholesalers and individuals in Europe and the United States. Many buyers can DIY the series and parallel connection of batteries according to the battery manufacturer's operating instructions.

The trend of marine lithium electrification will mainly focus on ferries, tourist speedboats and sightseeing boats in coastal cities in Europe and the United States; inland cargo ships; port tugboat markets, etc. Some large and medium-sized marines use lithium batteries to replace lead-acid, thereby promoting the acceleration of lithium batteries for marine use.

Based on the advantages of safety and low cost, coupled with the rapid development of LiFePO batteries and BMS battery management systems, the increase in charge and discharge rates makes the marine start-up acceleration and power control better, and it has the conditions for promotion and application in marine. With marine's power system networking technology, marine electric propulsion technology, high-power power grid connection technology and other technologies have also obtained a lot of research results, marine electrification will usher in a variety of breakthroughs in the future.

Since 2022, the number of battery companies turning to the marine field has increased rapidly. They have targeted the development of marine LiFePO battery systems, but only about 20% of them can pass international standards in terms of product quality and technology. The electric marine market is just beginning, and at least 90% of traditional fuel marines will be replaced, which is a fast-growing market. At present, China's CATL, Keheng Lithium Battery New Energy and other leading companies and pioneers in the marine lithium battery industry are currently deploying marine lithium batteries. Looking at the future upgrade of lithium battery materials, Keheng New Energy has already deployed the technology research and development and application of lithium titanate batteries. Compared with lithium titanate batteries The safety and cycle life of LiFePO are better. Unfortunately, the defects are large size and high cost. These problems are being improved in continuous experiments.

European and American countries are facing the increasing pressure of energy conservation and emission reduction in the marine industry. As an important exporter of lithium batteries, Chinese battery companies are accelerating the research and development and capacity expansion of new energy applications in the marine industry, which has also attracted a large amount of capital market investment.

Power lithium battery giant BYD revealed that it intends to get involved in the field of electric marine. As early as 2016, BYD Group carried out research and development in the electrification of tourist ships. Companies such as Keheng New Energy are also conducting relevant tests on marine lithium batteries. According to the 2-year R&D verification cycle, more Chinese battery energy manufacturers will enter the marine battery market in the future.

Lithium batteries are widely used, and marine electrification will surely be fully popularized. The development of green marine is the environmental protection needs of various countries, and the electric marine is a long-term solution. From a broader perspective, lithium batteries are widely used energy systems in the future. The popularity of batteries in marine applications provides a good business environment.