Top 10 lithium iron phosphate materials companies in China

Data shows that in 2021, the shipment of lithium iron phosphate materials in China reached 478000 tons, an increase of 274.2% year on year. In the first half of 2022, the shipment of lithium iron phosphate materials in China has reached 417000 tons, with a year-on-year growth of 142%.

Lithium iron phosphate, driven by the growth of electric vehicles and energy storage market, will become the fastest growing cathode material in the next five years. This article will introduce the top 10 lithium iron phosphate materials companies in China. The market share of these companies has reached 89.9%.

Top 10 lithium iron phosphate materials companies in China

Yuneng

Established time: June 23, 2016
Location: Hunan, China

Company file:

Yuneng is a major supplier of lithium ion battery cathode materials in China, focusing on the research, development, production and sales of lithium ion battery cathode materials. The company mainly produces cathode materials for lithium-ion batteries, mainly lithium iron phosphate, which is mainly used in the manufacture of power batteries, energy storage batteries and other lithium-ion batteries, and ultimately used in new energy vehicles, energy storage and other fields.

Main products:

High energy lithium iron phosphate, energy storage lithium iron phosphate, polycrystalline ternary materials, single crystal ternary materials, etc.

Company website: http://www.hunanyuneng.com

Registered capital: 567.93987 million RMB

Dynanonic

Established time: January 25, 2007
Location: Shenzhen, China

Company file:

Dyanonic is a high-tech enterprise, committed to the R&D, production and sales of core materials for lithium-ion batteries. The core product of the company is phosphate positive materials, which are widely used in new energy vehicle power batteries, energy storage batteries and other fields. The company is headquartered in Shenzhen, China, and has established large R&D and production bases in Guangdong, Yunnan and Sichuan.

Main products:

The company mainly produces nano lithium iron phosphate as the cathode material of lithium ion batteries.

Recent news:

In the morning of September 19, 2022, the production base project of Dyanonic’s new phosphate cathode materials was officially put into operation in Yunnan, China. The project has an annual output of 110000 tons and a total investment of 2.59 billion RMB.

Company website: https://www.dynanonic.com/

Total market value: 49.728 billion RMB

Lopal

Established time: March 11, 2003
Location: Jiangsu, China

Company file:

Lopal racks third in the top 10 lithium iron phosphate materials companies in China. It is one of the world’s leading suppliers of lithium iron phosphate cathode materials for new energy lithium batteries. Its traditional main business covers automotive care products, intelligent equipment, etc.

In addition to its traditional business, the company also enters hydrogen energy and other fields. It has many subsidiaries, covering 20 countries and regions around the world.

Main products:

Lithium battery materials (lithium iron phosphate cathode materials), automotive lubricants, automotive care products, new plastic materials, etc.

Company website: https://www.lopal.cn/index

Total market value: 15.596 billion RMB

RT High Tech

Established time: October 14, 2016
Location: Hubei, China

Company file:

RT High Tech is a leading innovative enterprise of lithium battery basic materials in China. The company is committed to the research, development, production and sales of various advanced cathode materials, cathode materials and auxiliary materials for lithium batteries. Downstream products are widely used in new energy vehicles, electric energy storage, communication backup and other energy storage systems.

Main products:
The company mainly researches and develops lithium battery cathode materials. Its products are used in the lithium battery industry, and the terminal services are in the three fields of power, energy storage and consumer electronics.

Company website: http://www.rthitech-mat.com/

Registered capital: 1330146876 million RMB

Wanrun

Established time: December 24, 2010
Location: Hubei, China

Company file:

Wanrun is a high-tech enterprise in China. The company is one of China’s early enterprises engaged in the production and research and development of new energy battery cathode materials. It mainly produces cathode materials and their precursors for lithium-ion power batteries and energy storage batteries. Its products are sold to CATL, BYD, CALB, Ganfeng Lithium, EVE, and other global enterprises.

Main products:

Wanrun’s main products cover lithium iron phosphate cathode materials and precursors, lithium manganate cathode materials, etc. The products are mainly used in power battery materials, energy storage battery materials, consumer battery materials, professional equipment battery materials, etc.

Recent news:

On September 29, 2022, Wanrun was officially listed on the Science and Technology Innovation Board, with a market value of about 20.28 billion RMB.

Company website: http://www.hbwanrun.com/

Total value: 20.28 billion RMB

Anda

Established time: August 23, 1996
Location: Guizhou, China

Company file:

Racking sixth in the top 10 lithium iron phosphate materials companies in China, Anda is a manufacturer of lithium iron phosphate battery cathode material – lithium iron phosphate and its precursor – iron phosphate.

The company has a production facility with an annual output of 50000 tons of high-purity nano battery grade iron phosphate and 40000 tons of battery grade lithium iron phosphate. At present, the main customers are lithium ion battery manufacturers such as BYD, Gotion High Tech and AVIC.

Main products:

The company mainly produces lithium iron phosphate and high-purity nano iron phosphate.

Recent news:

On the morning of September 19, 2022, Anda’s 60000 t/a lithium iron phosphate project was launched. The construction period of the project is 6 months, and it is expected to be completed in April 2023.

Company website: http://www.adkjny.com

Total market value: 11.528 billion RMB

Fulin SH

Established time: July 23, 2015
Location: Jiangxi, China

Company file:

Fulin SH is the production and research and development base of Shenghua in Jiangxi. Shenghua has been deeply involved in the field of automotive power battery cathode materials for many years.

It is a high-tech enterprise engaged in the research, development, production and sales of lithium battery cathode materials, and is also a high-quality supplier of automotive precision parts and new energy automotive battery materials. At present, Shenghua has a capacity of 65000 tons of lithium iron phosphate.

Main products:

The company mainly produces lithium iron phosphate, automotive power battery cathode materials, etc.

Recent news:

On September 28, 2022, Fulin SH Lithium Iron Phosphate Phase II Project will be officially put into production with a capacity of 80000 tons, and Phase I Project will be upgraded to full capacity with a capacity of 60000 tons. At present, the company’s total annual capacity of lithium iron phosphate has exceeded 150000 tons.

Company website: http://www.jxshxcl.com

Registered capital: 820 million RMB

Gotion High Tech

Established time: January 23, 1995
Location: Anhui, China

Company file:

Gotion High Tech is the first national enterprise in China’s power battery industry to enter the capital market. It is also one of the top 10 energy storage battery manufacturers in the world. It has business segments such as new energy vehicle power lithium batteries, energy storage, power transmission and distribution equipment, and has established an independent and mature R & D, procurement, production and sales system.

The company has established eight global R & D centers in Hefei, China, Shanghai, Silicon Valley, Cleveland, Gottingen, Japan, Tsukuba, Pune, India, Nanyang Technological University, Singapore and other places, and distributed global production bases in Germany, India, Vietnam, the United States and other countries.

Main products:

The main products are lithium iron phosphate materials and cells, ternary materials and cells, power batteries, battery management systems and energy storage batteries.

Recent news:

Recently, it was reported that Gotion Inc., an American subsidiary of Gotion High Tech, planned to invest 3.6 billion dollars to develop a large project near Big Rapids in western Michigan. According to the plan, it will build a factory near Big Rapids Airport and produce battery components.

Company website: http://www.gotion.com.cn

Total market value: 62.51 billion RMB

Terui

Established time: March 1, 2007
Location: Chongqing, China

Company file:

Terui is a high-tech enterprise in China. Since its establishment in 2007, the company has mainly engaged in the research, development, production and sales of new energy lithium battery cathode materials.

Main products:

The company’s main products include lithium iron phosphate, lithium nickel cobalt manganate, etc.

Company website: http://www.cqtrdc.cn

Registered capital: 111.9979 million RMB

Pulead

Established time: December 10, 1999
Location: Beijing, China

Company file:

Racking tenth in the top 10 lithium iron phosphate materials companies in China, Pulead is mainly engaged in the R&D, production, sales and service of lithium-ion battery materials, electric vehicle power battery packs and energy storage battery packs.

Relying on the strong scientific research strength of the School of Chemistry of Peking University, the research and development institute under the company has developed lithium cobalate, three elements, lithium iron phosphate and other products with independent intellectual property rights.

Main products:

The company’s products include lithium cobalate, lithium iron phosphate, etc.

Company website: http://www.pulead.com.cn

Registered capital: 80 million RMB