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Amelie Richter

Opinion

LFP: advantage for China in the battery market

LFP as a cathode material for lithium-ion batteries once marked the beginning of an emerging Chinese battery industry. Now, first Tesla boss Elon Musk and then Volkswagen have announced their intention to rely more on LFP in the future. The main reasons for this are cost pressure, raw material availability, and expiring patents. And once again, Chinese companies could benefit from the trend.

Von Amelie Richter