As the demand for lithium-ion batteries surges in the electric vehicle and energy storage markets, this Appian Insight piece delves into the transformative shift towards lithium iron phosphate (LFP) cathodes, fueled by safety advantages, cost considerations, and the expiration of key patents, while also exploring the burgeoning potential of Lithium Manganese Iron Phosphate (LMFP) as an innovative and cost-effective alternative.
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