Posco Future M begins construction of LFP cathode factory for EV batteries and ESS
The JV CNP New Material Technology is developing a Pohang facility, expanding LFP capacity and repositioning existing lines to meet rising global demand
Posco Future M has started construction of a dedicated lithium iron phosphate (LFP) cathode material factory to target the energy storage system (ESS) and entry-level electric vehicle battery markets.
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