FePO4 is a new cathode material that has become popular in recent years. It has extensive potential to replace LiCoO2 in the markets of power batteries and backup batteries with its low prices, high safety, high structural stability, and good charge-discharge performance.The market value of LiFePO4 hit US$13.2bn in 2008. This figure isexpected to reach US$45.9bn in 2010, and the compound annual growthrate (CAGR) is expected to be 28% between 2008 and 2013.
LiFePO4 Materials