Rising lithium prices push LFP battery cell costs above high-nickel

Record high Chinese lithium carbonate prices have pushed the costs of lithium iron phosphate cells above those using mostly nickel, in a reversal of a decade-long trend. The costs of LFP cells are at least 5% higher than high-nickel cells, on a dollar per kilowatt-hour basis, according to Benchmark’s analysis, due to surging prices for […]