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Debunking the Myths: Why LiFePO4 Batteries are Expensive and Whether It is Worth the Investment

Debunking the Myths: Why LiFePO4 Batteries are Expensive and Whether It is Worth the Investment

by Kamil Talar, MSc. | Mar 6, 2023 | Energy Storage

Why are LiFePO4 Batteries so Expensive? The truth is that there are several factors that contribute to the higher cost of LiFePO4 batteries. For one, they use high-quality materials, such as lithiuum iron phosphate, which is more expensive than other materials used in...

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