Explosive Demand for Energy Storage Lithium Batteries Drives Restructuring of LFP Battery Industry Supply-Demand Dynamics
The global energy storage lithium battery market is growing at an annual rate exceeding 100%, with lithium iron phosphate (LFP) battery capacity utilization rates surpassing 80% for the first time since 2022, signaling a new high-growth cycle for the industry. The second half of 2025 marks a pivotal turning point for the lithium iron phosphate…
