What Does Lithium Iron Phosphate Battery (LFP Battery) Mean?
A lithium iron phosphate (LFP) battery is a type of lithium-ion battery that is capable of charging and discharging at high speeds compared to other types of batteries. It is a rechargeable battery consisting of LiFePO4 as its cathode material; hence the name.
Techopedia Explains Lithium Iron Phosphate Battery (LFP Battery)
The first model of the lithium iron phosphate battery was made after the discovery of phosphate as a cathode material for use in li-ion batteries in 1996. Improvements in the coatings and usage of nano-scale phosphate have made this type of battery more efficient.
