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The Rapid Development of the Electric Vehicle Will Drive Logistic Electric Batteries into Market Home and Abroad 2017-09-25

Every year witnesses customers’ visits of our factory from Europe, America, Asia, Africa and other markets.In July 2017, one of our customers from Russia came to our factory,and after visiting, they highly praised our product QC management. They were going to source lithium batteries for Lead-acid replacement to follow the market trends. We demonstrated a comparison of Lead-acid batteries, and faithfully reflected the lithium battery market trends to them.We introduced to them our quality batteries like Start Batteries, Electric Bike/Scooter/Rickshaw Batteries, Portable Power Station Batteries, Power Storage Batteries。

Comparison is as follows

Items

LFP or Lithium Ferrous Phosphate battery

NMC or Lithium Nickel Manganese Cobalt Oxidelithium-manganese-cobalt-oxide battery

LTO or Lithium Titanate battery

Chemistry

LiFePO4

LiNiCoMnO2

Li4Ti5O12

Specific Capacity (mAh/g)

130

160-190

155-165

Nominal Voltage (V)

3.2-3.3

3.6-3.7

2.4-2.5

Cycle Life (DOD to 80%)

2000

1000

6000

High Temperature (℃)

~75

~65

~65

Low Temperature (℃)

-20

-30

-40

Energy Densitywh/L

~160

~320

~130

Specific Energy (Wh/Kg)

~130

~200

~65

Cost

High

Low

Highest

Comprehensive Performance

Excellent

Excellent

Excellent


“We will adapt ourselves to nowadays’ battery markets”, said the customer. Meanwhile, they shared with us the market information about the logistics vehicles in Russian. The demand for logistics vehicles is huge and increasing today. They have a wide network in the Russian Federation  and have accumulated a wealth of experience in the logistic vehicles industry. They will continue to cooperate with us to reach a win-win situation.

The logistics industry development in China

China's rapid development of the logistics industry will bring huge market opportunities to the electric logistic vehicle market.

Big data showing that China's 2016 parcel volume is more than 310 million pieces, it is expected to grow to 360 million or more in 2017, an average of 100 million parcels per day transported via logistics and express delivery.

Although the express industry has maintained a rapid growth, market share of electric logistics vehicles is less than 2% of the logistics market . Thanks to the Chinese government’s support on new energy vehicles, there is expect to be an outburst of the  electric vehicle market in the coming years according to recommended catalog data from Ministry of Industry and Information. On the other hand, shared car rental has become a new means of public transport.

On June 1, 2017, the Ministry of Communications and the Ministry of Housing and Urban jointly issued "Guidance on the Promotion of the Healthy development of the Car Rental Industry ",encouraging the development of shared car rental

New electric vehicles parked in a parking lot under a viaduct in Wuhan, central China's Hubei province



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