he EV battery materials mix will be determined by technological advancements in cathode, anode and electrolyte design, with a particular focus on energy density, cost competitiveness and the sustainability of associated supply chains, says market analyst Fitch Solutions in its latest EV battery chemistry outlook.
LFP uses lithium iron phosphate as cathode material while NMC uses lithium, manganese, and cobalt as cathode material.
Source: https://www.mining.com/nmc-to-remain-the-dominant-ev-battery-cathode-type-until-2030-report/
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