Stone to Silicon

Energy · 1996

Lithium iron phosphate battery

A cobalt-free cathode trades some energy for safety, longevity and low cost.

Akshaya Padhi and John Goodenough identified LiFePO4 as a cathode in 1996. Cheap and hard to ignite, LFP overtook nickel chemistries in China's EVs by 2021 and dominates stationary storage.

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Related measurements

The dashed line marks when it first worked.

Lithium-ion battery cell price Latest: 78 $/kWh (2024 USD) (2024) Source: Our World in Data

Electric share of new car sales Latest: Battery electric: 16.5 % of new cars (2025) Source: Our World in Data

Cost of memory and storage Latest: Memory: 1.09k $/TB (2023) Source: Our World in Data