For EV Batteries, Lithium Iron Phosphate Becoming Material of Choice

For EV Batteries, Lithium Iron Phosphate Becoming Material of Choice

As the auto industry scrambles to produce more affordable electric vehicles, whose most expensive components are the batteries, lithium iron phosphate is gaining traction as the EV battery material of choice. The popularity of the chemical compound known as LFP is due partly to environmental and geopolitical concerns. But technological…