Growing LFP adoption drives need for more transparency across chemistry’s supply chain

Lithium iron phosphate (LFP) batteries are expected to take the largest market share in the next 10 years, driving the need for more pricing transparency across the chemistry’s supply chain.

When looking at the global battery chemistry including electric vehicle (EV), energy storage system (ESS) and consumer electronics (CE) markets, LFP batteries will take the biggest market share at 48%...

Published

Justin Yang

Zihao Li

December 15, 2023

16:54 GMT

Shanghai, London