It found that the cost per kWh of LFP batteries was about 6% less than NMC, and it projected that the LFP cells would last about 67% longer (more cycles).
It determined that the cost per kWh of LFP batteries was about 6% lower than NMC, and it estimated that the LFP cells would last approximately 67% longer (more cycles), which is comparable to the lifespan of other battery types.