Lithium battery cells tripling manufacturing volume between 2022 and 2025

 report from Clean Energy Associates (CEA) outlined that by 2025, global manufacturing of lithium-ion battery (LIB) cells is expected to triple from 2022 levels.

collapsing lithium prices has led to a cooling-off in demand for chemical alternatives to the mainstream nickel manganese cobalt (NMC) and lithium-ferro-phosphate (LFP) chemistries

more evolutionary chemistries like lithium manganese iron phosphate (LMFP) may find their way into electric vehicles and energy storage sectors as early as 2025

negative impact on commercialization for new technologies like sodium-ion batteries

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