GKN Hoeganaes to Support First Phosphate in LFP Cathode Active Material Development
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GKN Hoeganaes has announced a strategic collaboration with First Phosphate to develop a North American supply chain for lithium iron phosphate (LFP) batteries, crucial for the EV and energy storage sectors.
November 20, 2024 | 1:45 pm
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First Phosphate has entered a strategic collaboration with GKN Hoeganaes to develop a North American supply chain for LFP batteries, enhancing its position in the EV and energy storage markets.
The partnership with GKN Hoeganaes positions First Phosphate as a key player in the LFP battery supply chain, which is crucial for the growing EV and energy storage markets. This could lead to increased demand and potential revenue growth.
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