L&F to Accelerate Mid- to Long-Term Growth with Dual NCM–LFP Strategy
L&F announced that it will accelerate mid- to long-term growth through a dual-track strategy focusing on NCM (nickel-cobalt-manganese) and LFP (lithium iron phosphate) cathode materials.
In the NCM segment, the company plans to expand shipments of 46-series batteries and strengthen its presence in North America, leveraging its exclusive supply position for ultra-high nickel NCMA95, which recorded its highest-ever sales volume. It also aims to drive both volume growth and profitability improvements through higher utilization rates.
In the LFP business, L&F will expand applications beyond energy storage systems (ESS) into electric vehicles and AI data centers, while reinforcing its long-term growth foundation through capacity expansion based on secured demand from multiple customers.