If you’re considering an electric vehicle (EV) with a Lithium Iron Phosphate (LFP) battery, you can anticipate lower car payments, reduced fire risk, and a longer lifespan for your vehicle. However, the range on a single charge won’t match that of EVs equipped with Nickel Manganese Cobalt (NMC) batteries, which are prevalent in American and European electric cars. This trade-off has established LFP batteries as the preferred option for standard-range EVs in China, contributing to the affordability of electric cars and helping to curb pollution.
