LG Energy aims to outdo CATL with its upcoming high-performance Cobalt-free LFP batteries.
According to industry sources, LG Energy Solution is currently working on developing lithium iron phosphate (LFP) batteries that are specifically designed for electric vehicles. The goal is to produce batteries that outperform those made by its main competitor, Chinese battery maker CATL. LG Energy Solution’s version of LFP batteries features a cobalt-free cathode and comes in a pouch type. While still in the research stage, … Continue reading LG Energy aims to outdo CATL with its upcoming high-performance Cobalt-free LFP batteries.
