Dec 12, 2022
Investments in new battery chemistry are trending to support a. fast increase in demand for EV and grid batteries. First Li Iron Phosphorus LFP is in high production breaking the Ni Co supply bottlenecks. Currently ramping are Si anode allowing a 30% boost in production of battery storage. Si anodes offer 50% increase in energy density. Not as close to a production ramp are Sodium replacing Li and flow batteries with lower cost and reduced logistics issues.