This year could be a breakout year for one alternative: lithium iron phosphate (LFP), a low-cost cathode material sometimes used for lithium-ion batteries. Recent improvements in LFP chemistry and manufacturing have helped boost the performance of these batteries, and companies are moving to adopt the technology: LFP market share is growing quickly, from about 10% of the global EV market in 2018 to about 40% in 2022. Tesla is already using LFP batteries in some vehicles, and automakers like Ford and Volkswagen announced that they plan to start offering some EV models with the chemistry too.
https://www.technologyreview.com/2023/01/04/1066141/whats-next-for-batteries/amp/
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