Evolving EV market shifts mineral demand
Metal Tech News - March 13, 2023
Last updated 6/8/2023 at 11:10am
Less nickel, cobalt, and manganese in LFP cells offset by larger batteries in electric vehicles.
A global rise of lithium ferro-phosphate (LFP) batteries for electric vehicles has provided a lower-cost option that is helping to enable the adoption of EVs by the masses and is taking some of the demand pressure off lithium-ion battery metals such as cobalt, nickel, and manganese. Adding...