HomeSteelIndustryCorporate news 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.... Email this article Your details Please enter your name Please enter your email address Please enter your email address Your recipients's details Please enter at least one recipients email address Please enter valid email address You can enter a maximum of 5 recipients. You can enter a maximum of 5 recipients. Use ; to separate email addresses. Please enter at least one recipients name Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Justin Yang February 17, 2023 16:22 GMT London Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}