1. High Safety: No fire, No explosion, as the thermal stability（500-600℃）of LFP is much better than that(300℃) of NCM. NCM may probably suffer from fire, even explosion when over-charge, collision or high-temp happened.
2. Low Cost: Annual cost is much lower, as the working life of LFP is 3times of NCM.
3. Huge market potential: Fe and P are abundant in nature, while Co and Ni is rare.
4. No Pollution: No toxic substances (cobalt, nickel) included.
5. Smooth discharge voltage: Be benefit to the device in a best working state.
6. Fast charge & discharge: Due to high thermal stability, LFP can be charged / discharged at large current. However, it's dangerous for NCM to be charged / discharged at large current.
7. Good performance at High Temp: Compared to NCM, LFP still can keep good workingand storage performance at temp above 45℃.
