The battery technology, known as changing the lithium battery revolution, is highly expected by the electric vehicle industry. Iron lithium battery is also a kind of lithium-ion battery, but the material of lithium cobalt battery is not expensive. The key materials of iron lithium battery, such as phosphorus, lithium and iron, are relatively cheap compared with cobalt metal. At the same time, they are rich in the earth, which will not cause the problem of lack of raw materials. The utility model has the advantages of fast charging and multiple cycles, which can prolong the service life of the battery.

Most importantly, it has higher stability than mainstream rechargeable batteries such as NiMH batteries and general lithium batteries in high temperature environment, which makes it have good security advantages. It is suitable for installation on electric vehicles used every day, which can ensure the safety of large current output and input of lithium batteries. However, its popularization is affected by technology cost, patent, production capacity and power management. At present, it seems to take time to brew, but the speed has been accelerating, and product application examples have gradually spread, becoming the new battery technology target targeted by various countries.