Is the world building far more battery factories than it will need? – Charged EVs
Baua Electric
JULY 10, 2024
Lithium iron phosphate (LFP) batteries are rising in popularity, especially in China, and their materials costs are significantly lower than those of lithium nickel manganese cobalt (NMC) batteries. In 2015, Bloomberg News reported that no other US business had declined as much in the preceding 15 years as one-hour photo labs.
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