3min chapter

The Interchange: Recharged cover image

How the energy industry is solving issues with battery safety – part 2

The Interchange: Recharged

CHAPTER

The Rise of Battery Technologies: Innovation and Market Dynamics

This chapter examines the evolving battery technology landscape, particularly in China, where lithium iron phosphate (LFP) batteries have become dominant due to cost advantages over nickel manganese cobalt (NMC) options. It also considers the potential challenges solid-state batteries may face in carving out a market amidst these cost-effective alternatives.

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