Recently, a number of lithium iron phosphate manufacturers, including Hunan Yuneng, Wanrun Xinneng, German Nano, and Anda Technology, announced the cessation of production and maintenance. In response, Wanrun Xinneng said, “Currently, the company is overhauling some production lines, which will not affect the normal development of overall orders and shipments.” Production cuts by leading companies have caused multiple pressures due to equipment maintenance, price increases for raw materials such as upstream lithium carbonate, and cost rejection in downstream processes. Another industry association official analyzed that “there is no way for manufacturers to stop production and maintenance.”

Recently, a number of lithium iron phosphate manufacturers, including Hunan Yuneng, Wanrun Xinneng, German Nano, and Anda Technology, announced the cessation of production and maintenance. In response, Wanrun Xinneng said, “Currently, the company is overhauling some production lines, which will not affect the normal development of overall orders and shipments.” Production cuts by leading companies have caused multiple pressures due to equipment maintenance, price increases for raw materials such as upstream lithium carbonate, and cost rejection in downstream processes. Another industry association official analyzed that “there is no way for manufacturers to stop production and maintenance.”