What are important features of LFP batteries?

Composition: LFP batteries use lithium iron phosphate (LiFePO4) as the cathode material.

Safety: They are known for their high thermal and chemical stability, meaning they are less prone to overheating and fire compared to other lithium-ion battery types, such as lithium cobalt oxide (LiCoO2).

Service life: LFP batteries have a long service life and can withstand thousands of charge and discharge cycles without significant capacity degradation.

Energy density: Although LFP batteries typically have a lower energy density than some other lithium-ion batteries, such as NMC (Nickel Manganese Cobalt), they are well suited for applications where safety and longevity are more important than maximum energy storage.

Environmental impact: LFP batteries contain no cobalt, which offers both ethical and environmental benefits, as cobalt mining is often associated with environmental and labor issues.