The global lithium-ion battery market is undergoing a massive structural shift toward Lithium Iron Phosphate (LFP) chemistry, prized for its thermal stability, low cost, and safety. However, the Western LFP transition faces a critical geopolitical bottleneck: Chinese manufacturing currently controls approximately 98% of global LFP cathode active material (CAM) production. With strict mandates like the U.S. Inflation Reduction Act (IRA) forcing automotive OEMs to localize their supply chains, compliant alternative architectures are urgently required.

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