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TradingCharts

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TradingCharts

Re: None

Wednesday, 01/24/2024 8:14:13 AM

Wednesday, January 24, 2024 8:14:13 AM

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Steve LeVine posted today a very interesting article on LFP mass-adoption. To add to his excellent article, please find here one of the reasons for the recent increase in LFP from China in the USA and European cell and EV factories.

The key LFP patents were held by four companies that made the decision a decade ago to let Chinese producers use the IP for free as long as they did not export. This started the large production ramp-up inside China for domestic uses. However, the key patents expired in 2021, opening the floodgates to exporting inexpensive LFP.

#evbatteries


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