Slower uptake of EV's than previously forecast owing to challenging economic conditions such as inflation and interest rate rises has decreased from the level of previously forecast contemporary demand for batteries in general and the market success of the LFP chemistry for city drivers, in large part in Chinese cities, who don't require the high performance, larger capacity batteries and appreciate the cheaper initial cost of LFP has affected demand for NCM by taking market share with cheaper, low range vehicles. For those of us who need a longer distance between charging NCM811 remains the best choice. and demand should pick up as the economy does in the years ahead, all in my opinion. DYOR
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