LG Energy Solution, Tesla build LFP battery plants in the US
Lithium iron phosphate (LFP) batteries are all the rage these days. Although they offer lower energy density than batteries based on NMC (lithium nickel manganese cobalt) chemistries, they tend to be cheaper, and their ingredients are more readily available, less toxic and less controversial. Automakers including Ford and Stellantis are steadily building production capacity for LFP cells in the…