Component
LFP battery
Lithium iron phosphate cell. Lower energy than NMC, safer, and better aligned with US iron and phosphate than nickel-cobalt chemistries.
Criticality
Critical
Unit cost
$32
Quality
78 / 100
US completeness
5.0
Made in US
8,000,000 units
Current demand
160,000,000 units
US exports
640,000 units
Opportunity score
96.0
Domestic vs international supply
Planned US investment, next 5 years
$8B
Expected extra output: 63,000,000 units per year
Requires
LFP cathode
Graphite anode
Electrolyte
Separator film
Aluminum