LFP (Lithium Iron Phosphate) is a cathode material made of lithium, iron phosphate, and phosphate.
Its safety and competitive price make it widely used in low-to mid priced electric vehicles and energy storage systems(ESS).
Recently, demand has been rapidly expanding in the global battery market.

LFP features high thermal stability, a low risk of fire, a long lifespan, and stable charge and discharge characteristics.
Thanks to these properties, it is increasingly being utilized in grid-connected ESS, commercial vehicles, and renewable energy systems, and is attracting attention as a sustainable, eco-friendly battery technology.