Industry
LFP Battery vs NMC: Why Korean Makers Came Late to LFP
LFP battery vs NMC on cost, energy density and cold weather, and why Korea's LG, Samsung SDI and SK On (they spell it NCM) moved to LFP so late.
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Topic
Batteries & Green Energy
Korea's three cell makers built their lines around nickel, and by 2025 their combined share of the world's EV batteries had slipped to 15.4%. This page follows that reversal in specifics: why LG Energy Solution, Samsung SDI and SK On arrived late to LFP, and what is actually happening at the POSCO Future M and EcoPro cathode plants in Bécancour, Quebec.
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