Lithium iron phosphate (LFP) batteries accounted for a 34 percent share of the global electric vehicle battery market in 2022. This figure is forecast to increase up to 39 percent by 2024.
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Reuters. (March 7, 2023). Market share of lithium iron phosphate batteries in electric vehicle battery market worldwide in 2022, with a forecast for 2023 and 2024 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1451435/global-lithium-iron-phosphate-battery-market-share-for-electric-vehicles-forecast/
Reuters. "Market share of lithium iron phosphate batteries in electric vehicle battery market worldwide in 2022, with a forecast for 2023 and 2024." Chart. March 7, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1451435/global-lithium-iron-phosphate-battery-market-share-for-electric-vehicles-forecast/
Reuters. (2023). Market share of lithium iron phosphate batteries in electric vehicle battery market worldwide in 2022, with a forecast for 2023 and 2024. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1451435/global-lithium-iron-phosphate-battery-market-share-for-electric-vehicles-forecast/
Reuters. "Market Share of Lithium Iron Phosphate Batteries in Electric Vehicle Battery Market Worldwide in 2022, with a Forecast for 2023 and 2024." Statista, Statista Inc., 7 Mar 2023, https://www.statista.com/statistics/1451435/global-lithium-iron-phosphate-battery-market-share-for-electric-vehicles-forecast/
Reuters, Market share of lithium iron phosphate batteries in electric vehicle battery market worldwide in 2022, with a forecast for 2023 and 2024 Statista, https://www.statista.com/statistics/1451435/global-lithium-iron-phosphate-battery-market-share-for-electric-vehicles-forecast/ (last visited August 24, 2024)
Market share of lithium iron phosphate batteries in electric vehicle battery market worldwide in 2022, with a forecast for 2023 and 2024 [Graph], Reuters, March 7, 2023. [Online]. Available: https://www.statista.com/statistics/1451435/global-lithium-iron-phosphate-battery-market-share-for-electric-vehicles-forecast/