The price difference between the LFP and LTO technology
For the LTO technology the initial costs per Ah (or Wh) may seem to be significantly higher than for the LFP technology. However when considering the number of cycles and the cost per cycle, the LTO technology is much cheaper.
For example for 0.5C charge and 3C discharge, the LFP cells may provide only few hundred of full cycles, while the LTO cells with provide 10000 cycles and more. This means the LTO cell will definitely last longer and the cost per cycle will be much lower.
As seen in the table the price of the LTO cell per cycle is about 30% and less than that of LFP. This means the LFP technology is 3x and more expensive than the LTO technology.
Additionally for high speed charging, the LFP technology does not support continued high speed charging and discharging. For such applications the LTO cells are the only option.
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Posted 8 years ago
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