4min chapter

Redefining Energy cover image

169. 2025 State of play in the battery universe - Feb25

Redefining Energy

CHAPTER

Navigating Material Shifts and Market Consolidation in Battery Production

This chapter examines the transition to lithium iron phosphate (LFP) batteries and its impact on the demand for traditional metals like nickel and copper. It also addresses market consolidation and the challenges smaller manufacturers face in a landscape dominated by a few key players.

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