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The purpose of developing high technology is to make it serve human better. Lithium-ion batteries have developed rapidly since 1990 because of their excellent performance and they have been widely used in society. Lithium-ion batteries have rapidly occupied many fields with incomparable advantages over other batteries. As we all know, mobile phones, laptops, small cameras and so on all involve the application and development prospect of lithium battery, and more and more countries use the batteries for military purposes. The application shows that lithium battery is an ideal small green power supply.

The application and development prospect of lithium battery will expand rapidly in the next five years. The application and development prospect of lithium battery is mainly divided into three parts: consumer electronic products, electric vehicles and industrial energy storage. We can find that application focus of lithium batteries is at the stage of development from small batteries market of consumer electronic products to power batteries market of electric vehicles and industrial energy storage. The order is: consumer electronic products market electric vehicles market industrial energy storage market.

In emerging markets such as tablets, electric vehicles (PHEV + EV) and home energy storage, some lithium-ion batteries are the best choice, while others are the first choice. In the market of power grid energy storage which has not yet arisen, the related demonstration operation projects have been carried out at present.

Lithium-ion batteries are gaining ground in the market mainly because of their rapidly declining prices. In terms of performance, lithium-ion batteries are superior to lead-acid batteries, nickel-cadmium batteries, nickel-hydrogen batteries and other major competitors. Through the advantages of performance, lithium-ion batteries gradually expand the market scale. The growth of demand directly leads to the expansion of production capacity and the reduction of manufacturing costs, which in turn stimulates further growth of market demand. In this way, the lithium battery application industry has embarked on a virtuous cycle of development.