Lithium iron phosphate (LFP) and lithium nickel manganese cobalt (NMC) are both members of the lithium-ion battery family. Lithium is a lightweight metal used to make small high-capacity batteries. Goldman Sachs calls lithium the new gasoline, and th…

Tesla may be the biggest brand name in the energy storage industry today as their design on lithium-ion batteries has propelled the industry forward. However, Tesla has been slow to change or update their battery concept. They have put a lot of time…