The market determines the development trend of power batteries. Feng believes that the development of power batteries depends on the market's choice of power batteries. "The plan is a directional policy formulated by the state. As a requirement of the plan, lithium iron phosphate batteries do encounter certain difficulties in specific energy. However, if the market recognizes the lithium iron phosphate battery, it will occupy a certain market even if it fails to meet the requirements. " On the other hand, Feng believes that the market operation mode will also affect the development of power battery, and the promotion degree of charging and changing mode will affect the development of power battery to a certain extent. "Consumers will not pay too much attention to the driving range of electric vehicles if they adopt the mode of changing electricity. On the premise of convenient battery replacement, LiFePO4 battery can fully meet the requirements of vehicles. With the decline of price, LiFePO4 battery is still quite competitive. " "However, if the charging mode is widely used in domestic electric vehicle energy supply, lithium iron phosphate battery will encounter problems that are difficult to solve. At the same time, if the safety of ternary battery is greatly improved and the price is reduced to a certain extent, it will occupy a larger market share "As a power battery manufacturer, we need to be well prepared according to market development," Feng said