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[overseas battery giants kill lithium iron phosphate battery] the cost advantage and broad market prospect of lithium iron phosphate make LG new energy and SKI salivating. Foreign markets, including LG New Energy, SKI, Samsung SDI and Panasonic batteries, used to focus on the technical route and direction of ternary batteries and quaternary batteries. However, with the continuous improvement of lithium iron phosphate energy density and higher economy, after Tesla, Volkswagen and other international head car companies have "made love" to lithium iron phosphate batteries, LG new energy and SKI have said that they will cut into the field of lithium iron phosphate technology.

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