Ford’s new LFP plant marks expansion of chemistry in NCM-dominant US market

US automotive manufacturer Ford’s announcement that it would invest $3.5 billion to build a lithium iron phosphate (LFP) plant in the US state of Michigan marks the chemistry’s adoption in a nickel cobalt manganese (NCM) dominated market.

The US is considered a key market for NCM chemistries because of its performance in cold weather and American drivers’ tendencies to drive longer ranges due to the region’s geography....

Published

Justin Yang

February 17, 2023

16:22 GMT

London