CleanTechnica•2 months ago
Can’t Stop the Market: Why Europe Should Embrace LFP Batteries (Sustainably)
- •LFP battery technology, primarily dominated by China, is identified as critical for enabling mass-market electric vehicle (EV) adoption due to its lower price point.
- •Europe is urged to strategically embrace LFP batteries (sustainably) to reduce reliance and catch up in this essential energy storage sector.
- •The article underscores LFP's role in overcoming price barriers for electrification, directly impacting the economics of energy storage projects and the strategic importance of supply chain resilience for developers and large power consumers.
policy