Investments Surge in Cathode Materials

NEW DELHI--October 3, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Cathode materials are emerging as an indispensable component of the ever-expanding lithium-ion battery industry. They are made up of metal oxides, such as lithium cobalt oxide (NMC) and lithium iron phosphate (LFP) and are responsible for storing and releasing lithium ions during the charging and discharging of a battery. From consumer electronics and electric vehicles (EVs) to energy storage systems, cathode materials play a vital role in optimizing these applications.