RE:One vital statistic to track in 2023An important statistic to track in 2023 is the percentage share of non-cobalt batteries in the global electric vehicle market. The percentage market share of LFP batteries has doubled every year since 2019. Lfp batteries now account for 30% of the global market. If this trend continues, it would mean that 50% to 60% of the global market share is LFP batteries. Basically, the game is up. Will the trend reverse???
Why should "the game be over"? LFP will have its share just like NCM, NCA and many other specifications for various applications. LFP started successfully from "0" just a few years ago. It is clear that many % shares will be gained here at the beginning. This development will also slow down accordingly. So again, why should "the game be over"?