Are lithium iron phosphate batteries good for EVs?

While LFP batteries have several advantages over other EV battery types, they aren’t perfect for all applications. Here are some of the most notable drawbacks of lithium iron phosphate batteries and how the EV industry is working to address them.

Where are lithium phosphate batteries made?

In order to produce LFP batteries, manufacturers need battery materials, including advanced phosphate products. ICL Group is one of the world’s largest and most innovative suppliers of processed materials for lithium iron phosphate battery manufacturers. The group mines phosphate rock at its Rotem plant in Israel’s Negev Desert and in China.

What are lithium iron phosphate batteries?

Lithium iron phosphate batteries are a type of rechargeable battery made with lithium-iron-phosphate cathodes. Since the full name is a bit of a mouthful, they’re commonly abbreviated to LFP batteries (the “F” is from its scientific name: Lithium ferrophosphate) or LiFePO4.

Is lithium iron phosphate battery a viable alternative for electric vehicles?

The lithium iron phosphate battery offers an alternative in the electric vehicle market. It could diversify battery manufacturing, supply chains and EV sales in North America and Europe. China dominates over 80% of total battery, but also ~95% of LFP production.

What are the disadvantages of lithium iron phosphate batteries?

Here are some of the most notable drawbacks of lithium iron phosphate batteries and how the EV industry is working to address them. Shorter range: LFP batteries have less energy density than NCM batteries. This means an EV needs a physically larger and heavier LFP battery to go the same distance as a smaller NCM battery.

Are lithium iron phosphate batteries safe?

But taken overall, lithium iron phosphate battery lifespan remains remarkable compared to its EV alternatives. While studies show that EVs are at least as safe as conventional vehicles, lithium iron phosphate batteries may make them even safer.