What are the main factors to consider when choosing between NMC and LFP batteries?
Choosing between NMC (Lithium Nickel Manganese Cobalt Oxide) and LFP (Lithium Iron Phosphate) batteries depends on several key factors, as each chemistry has distinct advantages and trade-offs. Here is a breakdown to help you decide based on your needs: 1. Energy Density NMC: Higher energy density, making it ideal for applications where compact size and…