LFP vs. NMC Battery Comparison for EVs
When considering an electric vehicle, two primary battery technologies stand out: lithium iron phosphate (LFP) and nickel manganese cobalt (NMC).
If you purchase an EV with an LFP battery, you’re likely going to see lower car payments, reduced fire risk, and potentially a longer lifespan for your car. The downside is a shorter range compared to EVs with NMC batteries, which are commonly found in American and European models.
This trade-off has led to LFP batteries being the preferred choice for standard-range EVs in China. This choice helps make electric cars more budget-friendly and also helps limit pollution.
