Lithium Iron Phosphate Battery Vs. Lithium Ion
On the contrary, lithium-ion cathode and graphite anode are less expensive. Again, a higher charge cycle is another reason for the higher cost of the LiFePO4 battery. According to Romain Metaye, a researcher on solar energy, you have to spend around $137 per kWh, whereas lithium-ion batteries cost about $132 per kWh.
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