Popular Science on New Energy Electric Vehicles: Pros and Cons of NCM and LFP Batteries – Which Should You Choose?

With the gradual development of new energy vehicles, power batteries have also made significant progress, evolving into two major types: Lithium Iron Phosphate (LFP) batteries and Nickel Cobalt Manganese (NCM) batteries.The power battery, as the heart and sole energy source of new energy vehicles, is the most critical system in the entire vehicle, accounting for 30%-40% of the total cost. As consumers, how should we evaluate these two battery types when choosing a car? Let’s dive in.