this post was submitted on 18 Mar 2024
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Technology

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[–] [email protected] 24 points 8 months ago (2 children)

Little known?

That's ridiculous. They pretty much control the LFP market.

[–] [email protected] 9 points 8 months ago (3 children)

I don't even know what LFP means so~

[–] [email protected] 7 points 8 months ago (1 children)
[–] [email protected] 4 points 8 months ago

No it's Large Fluffy Penguins

[–] [email protected] 6 points 8 months ago

Lithium iron phosphate. A type of lithium battery chemistry.

[–] [email protected] 5 points 8 months ago

LiFePO4, it's the current standard chemistry for most high current applications

[–] [email protected] 5 points 8 months ago (1 children)

In the first half of the year, BYD commanded a leading 43.7% share among vehicles running on LFP batteries, according to data from the China Automotive Battery Industry Innovation Alliance. In the months between January and November, BYD held a 41.1% market share, besting CATL's 33.9% share

https://archive.is/e4U1i

[–] [email protected] 1 points 8 months ago

That's still far from little known. If we're going by public perception, nobody knows wtf BYD is either. If we're going by industry knowledge, both are 300 lb gorillas. And I'm suspecting something wrong with that number, because CATL was the undisputed big boy in vehicle batteries a couple years ago.

https://web.archive.org/web/20231118144913/https://www.nytimes.com/2021/12/22/business/china-catl-electric-car-batteries.html