What this shows is that LFP batteries are the short term future of EV's, whereas NCM and NCA batteries will be put to good use for high performance and long range EV's.
Think of LFP as your stock standard 2-litre 100kw engine that goes into every Toyota Corolla. NCA and NCM will be equivalent to V8, turbocharged or long rage diesel engines.
Now that the patents have expired on LFP batteries, look to the next generation batteries coming out of CATL and BYD. LFP will fill the gap between now and solid state batteries, maybe around 2030?
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What this shows is that LFP batteries are the short term future...
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