China makers step into making e-bike-use LFP batteries

China-based first-tier battery makers, together with Up to date Amperex Expertise, Tianneng Batery and Shenzhen Topband, are organising further manufacturing strains for LFP (lithium iron phosphate) batteries utilized in electrical bicycles (e-bikes), in accordance with business sources.

The China authorities in 2019 introduced new technical requirements for e-bikes, resembling most weight of 55kg and ban on the usage of lead acid batteries, in a bid to rework the bike sharing service business.

Present bike sharing service operators, resembling DiDi Bike, Meituan and Helloglobal, have deliberate to offer e-bikes rental primarily based on swap of LFP batteries in 2020, and this has motivated battery makers to provide LFP batteries particularly to be used in e-bikes.

In line with China-based media, there will probably be an estimated three million rental e-bikes initially, with demand for LFP batteries of 4.5GWh in whole storage capability. The variety of rental e-bikes is estimated to extend to 5 million items in 2023 and eight million items in 2025, with LFP battery demand to rise to 7.2GWh and 11.5GWh respectively.