LFP leads, NCM evolves: Cathode 2024 year in review

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Lithium iron phosphate (LFP) retained its dominant position in the global cathode market on strong demand from China’s stationary storage sector and fast-growing electric vehicle (EV) market in 2024. Mid-nickel’s resurgence As leading Chinese high-nickel NCM producers opted to cut production on slowing demand in 2024, conversely the foremost producers of high-voltage, mid-nickel NCM rapidly […]

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