Good news for those in the manganese and lithium business...
CATL Will Start Producing LFP Batteries With 15 Percent More Energy, Thanks To Manganese
The world’s biggest battery manufacturer CATL will start producing new LFP cells with 15 percent more energy density, Chinese media reported. This new lithium-ion cell can hold significantly more energy than traditional LFP solutions, thanks to a new cathode material that contains manganese. CATL concluded the necessary tests on its brand-new cell chemistry and has already started to prepare for production in the second half of 2022.
LMFP (Lithium manganese iron phosphate) is the new way forward for the Chinese LFP cell manufacturers, as this new technology can overcome LFP’s most important shortcoming against NMC/NCA cells, which is dramatically lower energy density. To commercialize its new tech, CATL spent more than $60 million last year to purchase a 60% stake at an LMFP cathode material producer called Lithitech last year.
https://www.licarco.com/news/catl-w...th-15-percent-more-energy-thanks-to-manganese
Add to My Watchlist
What is My Watchlist?
