Cell Chemistry Development
Page 53 · 11 of 28Sources and links on page 53 (4)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
- https://offgridtech.org/tech-updates-online/2021/lithium-iron-phosphate-batteries-pros-and-cons/
- https://www.pnnl.gov/lithium-ion-battery-lfp-and-nmc
- https://ecotreelithium.co.uk/news/lithium-nmc-vs-lifepo4/
- https://medium.com/batterybits/a-tale-of-two-chemistries-battery-manufacturers-strategies-for-winning-both-ncx-and-lfp-markets-6243be98d851
Text on page 53
LFP Strength
Safety
Good cycle life
Abundance of iron
LFP Weakness
Weight
Energy density
Low temperature performance
Weak material supply chain
LFP Opportunity
Low/mid-range/entry -level EVs
e-Bus, e-Bicycle
Stationary storage
Cost sensitive applications
NMC Strength
Energy density
Low temperature performance
Power
Strong battery supply chain
High recycle value
(material demand > supply)
Power
Difficult to read state of charge
Low recycle value
Cost (*2022) NMC Weakness
Cost
Safety
Ni/Co supply chain
NMC Opportunity
Long range/high-end EVs
Stationary storage
e-Bus, e-Bicycle, e-Motorcycle
Power tools / performance sensitive applications
T LFP Threat
NMC/high-voltage LNMO
Na-ion battery
Regulations on energy density
Increasing material cost NMC Threat
LFP/high-voltage spinel LNMO
Increasing raw material cost
Industry: Cell Chemistry Development Source: LFP Pros and Cons, PNNL’s LFP vs. NMC Comparison, Eco Tree Lithium’s LFP vs. NMC Comparison, BatteryBits,
Volta Foundation
Extracted from the PDF; charts and images may read imperfectly.
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