NMC Battery | Composition, Cathode & Applications
The energy density of an LFP battery is lower than that of other common lithium-ion battery types, such as Nickel Manganese Cobalt (NMC). Because of their lower cost, high safety, low toxicity, long cycle life, and other factors, LFP batteries are finding a number of roles in vehicle use, utility-scale stationary applications, and backup power.