To figure out which battery is better, we should first have a simple understanding of the differences between the two.

The so-called lithium iron phosphate battery refers to the lithium ion battery using lithium iron phosphate as the cathode material. This type of battery is characterized by the absence of precious metal elements (such as cobalt). Since there is no precious metal material, the raw material cost of lithium iron phosphate battery can be compressed very low. In practical use, lithium iron phosphate battery has the advantages of high temperature resistance, strong safety and stability, low price, and better cycling performance.

The ternary lithium-ion battery refers to the lithium-ion battery which uses lithium nickel cobalt manganate as the positive material and graphite as the negative material. Different from lithium iron phosphate, ternary lithium ion battery has a high voltage platform, which means that the specific energy and specific power of ternary lithium ion battery are higher under the same volume or weight. In addition, ternary lithium ion batteries also have great advantages in terms of high rate charging and low temperature resistance.

The author has always believed that technology is not good or bad, but suitable for different products or environments. As far as batteries are concerned, there is no such thing as who is better and who is worse. It is only applied to the actual use scenarios. Compared with lithium iron phosphate battery, ternary lithium ion battery is more suitable for current and future household electric vehicles.