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LFP batteries have not been widely used outside China till now because CATL[1] owns the important patents. The patents expire this year.

The energy density discrepancy is not as bad at a system (whole vehicle) level as it appears at cell level, for various reasons. And there are lots of use cases where LFP has more than enough energy, provided the price is right.

1. https://en.wikipedia.org/wiki/CATL



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