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When you're looking at electric vehicles, you'll often hear about two main types of battery chemistry: LFP and NMC. These acronyms can seem confusing, but they simply refer to the materials used inside the battery cells. Understanding this basic difference is the first step to making an informed choice.

LFP started earlier, the technology developed more mature, its core advantages are low cost, environmentally friendly, high safety performance, better structure stability and cycle performance.

Compared with ternary lithium-ion batteries, lithium iron phosphate batteries with low raw material prices, high safety and long service life have obvious advantages. Many battery manufacturers are also confident in the larger scale market of lithium iron phosphate.