Why is BYD Better than Drop-In Lithium Ion?
There are a number of different chemistries that are used in making “lithium ion” batteries:
Lithium Iron Phosphate (LiFePO4)
Lithium Cobalt Oxide (LCO)
Lithium Cobalt Aluminum (LCA)
Lithium Nickel Manganese Cobalt (NMC)
Cobalt is an element mentioned in other chemistries that, while it provides a great deal of energy, is quite volatile. In addition to its volatility, Cobalt is classified as a Rare Earth Metal and is found in very few locations on the planet. Thus, the cost of the material is very high.
The four examples listed above are all represented in the graphic below with Pros and Cons included. Note that the radar graphs below show the advantages of Lithium Iron Phosphate vs. other common chemistries. Most notable among these are:
Lithium Iron Phosphate (LiFePO4)
Lithium Cobalt Oxide (LCO)
Lithium Cobalt Aluminum (LCA)
Lithium Nickel Manganese Cobalt (NMC)
Cobalt is an element mentioned in other chemistries that, while it provides a great deal of energy, is quite volatile. In addition to its volatility, Cobalt is classified as a Rare Earth Metal and is found in very few locations on the planet. Thus, the cost of the material is very high.
The four examples listed above are all represented in the graphic below with Pros and Cons included. Note that the radar graphs below show the advantages of Lithium Iron Phosphate vs. other common chemistries. Most notable among these are:
