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But notably, LFP batteries do not use cobalt, which includes the Rear Wheel Drive Tesla Model 3.


Isn't LFP now the dominant chemistry in grid scale storage?


Not yet, NMC Li-ion is still the largest represented in grid scale battery storage [1]. Pumped hydro is dominant overall in storage. LFP represents an increasing share of new grid scale battery storage, though [2]

1. https://www.iea.org/energy-system/electricity/grid-scale-sto...

2. https://about.bnef.com/blog/2h-2023-energy-storage-market-ou...




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