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The Dawn of EV, page-1746

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    Another company (Toshiba) swapping out cobalt for manganese. This time its Nickel Manganese Oxide (LNMO) on the Cathode and innovation other than Graphite on the Anode side. This is targeting the small size, high voltage market (e.g. power tools) but its all additional HPMSM demand.

    https://www.global.toshiba/ww/technology/corporate/rdc/rd/topics/23/2311-02.html
    Toshiba Develops New Lithium-Ion Battery with Cobalt-Free 5V Class High-Potential Cathode -Achieves high-voltage and high-power performance Will contribute to the realization of carbon-neutrality and a circular economy- | Corporate Research & Development Center | Toshiba (global.toshiba)
 
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