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Lithium iron phosphate batteries: The future of EV technology?, page-4

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    AEV's PHOSPHATE MARKET - Batteries

    Lithium Ferro Phosphate (LFP) batteries are growing in popularity for
    electric vehicles and static storage due to:  Low cost, effective
     Safe, low toxicity
     Reliable, well-defined performance, longer life cycle
     Long-term performance stability and thermal stability
     Nickel and cobalt-free – recycling friendly  Good potential replacement for lead-acid batteries
     Leading vehicle manufacturers switching to LFP
     Korean battery producers now moving towards LFP
 
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