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I wouldn't be that surprised if LFP batteries were approaching half of all EV battery production now. I agree LFPs are currently the right chemistry for mass-p
by elihu 3y ago
I wouldn't be that surprised if LFP batteries were approaching half of all EV battery production now.
I agree LFPs are currently the right chemistry for mass-production vehicles. NMC is for luxury cars, or use cases with special requirements (e.g. better cold weather performance).
I expect LFP will eventually be superseded by some other technology. Though it's possible they'le be superseded by something that's a direct improvement on LFP rather than something completely new.
- Reason077 3y agoLFP market share was reported to be 31% by the end of 2022 (up from 11% in 2020), with BYD and Tesla accounting for 68% of all LFP vehicles sold globally. https://insideevs.com/news/628303/ev-battery-lfp-share-september2022/ https://insideevs.com/news/628303/ev-battery-lfp-share-septe...