LFP! "In addition to solid-state battery technology, Benchmark is paying attention to the emergence of various alternatives to traditional chemistries, such as nickel-cobalt-manganese (NCM). In particular, lithium-iron-phosphate (LFP) batteries and derivatives such as lithium-manganese-iron-phosphate (LMFP) are on the minds of the firm’s consultants.
“We're getting into the realm of around 160 to 200 watt-hours per kilo for LFP, which gives a very compelling argument for the widespread deployment of LFP. And certainly a more cost competitive alternative to NCM,” said Scarrott.
These sentiments were echoed by Maximilian Court, Benchmark’s product director of battery chemicals. “Some of the different (battery) types, LMFP for example, can start to encroach on NCM-type energy densities to solve some of that range anxiety problem that particular automakers have,” he noted in his presentation.
Lower-cost LFP batteries may also lessen inflation-related pressures on consumers. “That's clearly quite attractive, particularly when households are under pressure to buy a new car, but not spend or break the bank. They'll look probably to LFP-type chemistries, particularly if you were to add in some manganese, for example, which can increase the volumetric and gravimetric densities of the battery and improve the range,” Court added."
https://investingnews.com/battery-raw-materials-supply-cliff/