LFP battery making its position stronger in light EV segment

Insights
AutotechInsight Analysis Monthly

Several OEMs are now equipping, or have announced that they will equip, their low-end EV models with LFP batteries instead of the more popular NCM batteries

For decades, the desire to find a middle ground between cost and performance has been driving the automotive industry toward newer, more efficient technologies. As the age of automotive electrification dawns, we see this happening more prominently, especially for batteries.

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