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Lithium iron phosphate battery

Type of rechargeable battery without cobalt

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  • 4 chapters

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In 2022, Chinese manufacturers held a near-monopoly of LFP battery type production. With patents having started to expire in 2022 and the increased demand for cheaper EV batteries, LFP type production is expected to rise further and surpass lithium nickel manganese cobalt oxides (NMC) type batteries.

The specific energy of LFP batteries is lower than that of other common lithium-ion battery types such as nickel manganese cobalt (NMC) and nickel cobalt aluminum (NCA). As of 2024, the specific energy of CATL's LFP battery is claimed to be 205 watt-hours per kilogram (Wh/kg) on the cell level. BYD's LFP battery specific energy is 150 Wh/kg. The best NMC batteries exhibit specific energy values of over 300 Wh/kg. Notably, the specific energy of Panasonic's "2170" NCA batteries used in Tesla's 2020 Model 3 mid-size sedan is around 260 Wh/kg, which is 70% of its "pure chemicals" value. LFP batteries also have a lower operating voltage than other lithium-ion battery types.

Specifications

  • Cell voltage
    • Minimum discharge voltage = 2.0–2.8 V
    • Working voltage = 3.0 ~ 3.3 V
    • Max viable voltage = 2.5 ~ 3.47 V
    • Maximum charge voltage = 3.60–3.65 V
  • Gravimetric energy density = 95–172 W⋅h/kg (340–620 kJ/kg). The latest version announced at the end of 2023, early 2024 made significant improvements in energy density from 180 up to 205 Wh/kg without increasing production costs.
  • Volumetric energy density = 227–396 W⋅h/L (820–1,430 kJ/L)
  • Cycle life from 2,500 to more than 9,000 cycles depending on conditions. Next generation high-energy density versions have increased charging lifecycles, probably around 15,000 maximum cycles.

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