Market data Li carbonate (GFEX)104,740 CNY/t▼ 11.8% d/d12 Oct Grid-scale BESS installed, Sep20.4 GWh▲ 61% y/y15 Oct Germany storage added, Jan–Sep8.2 GWh▲ 91% y/y30 Sep Lithium144,779 $/t▼ 2.6% m/mSep 2026 avg Nickel16,324 $/t▼ 2.5% m/mSep 2026 avg Cobalt42,213 $/t▼ 24.4% m/mSep 2026 avg Manganese2,782 $/t▼ 3.9% m/mSep 2026 avg Latest published figures · click for source

Battery technologies

The main cell chemistries in electric vehicles and energy storage, compared on the figures that matter – each one with a source. Checked 21 Oct 2026.

At a glance

Energy density is the best figure reported by the cited source (cell level unless stated); real products vary.

Mass market

Lithium iron phosphate (LFP)

The cheapest and most widely deployed lithium-ion chemistry: cobalt- and nickel-free, robust and long-lived, with lower energy density than nickel-based cells.

Key figures, pros & cons, CEE players →
Mass market

Nickel-rich lithium-ion: NMC and NCA

Nickel-manganese-cobalt (NMC) and nickel-cobalt-aluminium (NCA) cathodes offer the highest energy density in mass production and dominate EV batteries outside China.

Key figures, pros & cons, CEE players →
Early commercial

Lithium manganese iron phosphate (LMFP)

An upgrade of LFP: adding manganese to the phosphate cathode raises voltage and energy density while keeping LFP's low cost and cobalt-free cathode.

Key figures, pros & cons, CEE players →
Early commercial

Sodium-ion (Na-ion)

Replaces lithium with abundant sodium. Lower energy density than lithium-ion, but strong cold-weather performance and no lithium price exposure.

Key figures, pros & cons, CEE players →
Prototype / pilot

Solid-state and semi-solid-state batteries

Replaces the liquid electrolyte with a solid one. Promises higher energy density and safety, but all-solid-state cells are still at the prototype stage.

Key figures, pros & cons, CEE players →
Niche, mature

Lithium titanate (LTO)

A titanate anode instead of graphite gives extremely long cycle life, very fast charging and safety, at the cost of low voltage and energy density.

Key figures, pros & cons, CEE players →

Latest technology headlines

Sources

  1. Global EV Outlook 2026 – Electric vehicle batteries – IEA, 2026
  2. Gotion unveils new battery based on LMFP chemistry with range up to 1,000 km – CnEVPost, 19 May 2023
  3. SCiB rechargeable battery – product catalogue – Toshiba