ONE Advances Aries II for Automotive; Demonstrating LFP Can Match Range and Mass Within 6 Percent of NCM
“LFP batteries have many advantages over NCM batteries, including cost and durability, while using safer and more abundant materials,” said Mujeeb Ijaz, CEO & founder of ONE.
- “LFP batteries have many advantages over NCM batteries, including cost and durability, while using safer and more abundant materials,” said Mujeeb Ijaz, CEO & founder of ONE.
- By engineering a battery pack with similar energy density to NCM, ONE has made LFP a sustainable alternative.”
Achieving near energy density parity with NCM is a significant milestone for LFP. - Today, most electric vehicles sold in the United States use NCM batteries due to the higher energy density at a cell level compared to LFP.
- As a result, NCM has previously been viewed as the only path forward to providing consumers with long-range electric vehicles.