High-manganese lithium-ion technology: A way around mainland China’s LFP dominance?

Insights
AutotechInsight Analysis Monthly

Despite the need for further development, lithium manganese-rich (LMR) technology presents a viable alternative to the dominant lithium iron phosphate (LFP) batteries, potentially disrupting the current market dynamics and challenging mainland China's stronghold on LFP technology

In a time when electric vehicle demand is undergoing a corrective phase, where consumers are having second thoughts about opting for full EVs and are more inclined toward hybrids, making EVs more attractive to buyers is becoming highly important. Central to this objective will be the battery technology, which dictates vehicle range, cost, safety and overall performance.

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