Ann: Patent Application - Lithium-Ion Battery Cathode Innovation, page-17

Or one could look at this as innovation, because if they can indeed increase the battery efficiency of NCM by 50%, that lowers the LCOE for the NCM chemistry and potentially makes it competitive with LFP in price, but you get the benefits of the increased range and energy density of NCM.

Interesting.....

can deliver a 45 to 94% increase in battery cycle life for NMC811 cells compared to control LiB’s that utilise industry standard battery-grade metal salts. Improvements of this magnitude are significant, by lowering both cell cost and the life cycle cost of an electric vehicle. We are currently assessing next steps in terms of progressing this initial breakthrough, including working in partnership with one or more existing participants in the EV battery supply chain.”