OCTOBER 18 EUROPEAN REPORT 6 SOURCES

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    average LFP battery system price per 10kW in New Zealand

    average LFP battery system price per 10kW in New Zealand

    With both the EV industry and stationary storage sectors increasingly adopting batteries with LFP cathode chemistry, LFP pack average prices were found to be US$130/kWh and LFP cells at US$95/kWh. LFP is now just less than 1/3 (32%) cheaper than NMC.

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