Most Chinese EVs use LFP batteries, while European and US EVs use nickel batteries.

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Adi Ahdiat 26/04/2024 12:03 WIB
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According to IEA data, in 2023, the majority of EVs in the Chinese market used LFP batteries. Meanwhile, nickel-based batteries dominated the European and US markets.

Electric Vehicle (EV) Battery Market Segmentation in 3 Major Global Markets (2023)
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Most Chinese EVs use LFP batteries, while European and US EVs use nickel batteries.

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