L&F announced on May 18 that it has completed the plant for its LFP cathode materials subsidiary, L&F Plus, and will begin start of production (SOP) at the end of the third quarter this year.
L&F Plus is a wholly owned subsidiary of L&F and is responsible for the production and sales of LFP cathode materials.
L&F plans to first establish an annual production capacity of 30,000 mt by the end of the third quarter this year, and expand the capacity to 60,000 mt per year by the first half of 2027 in line with growing demand from the North American energy storage system (ESS) market.

![[SMM New Energy News] Great Power Energy and Others Invested in Establishing a New Energy Technology Company](https://imgqn.smm.cn/usercenter/vwTDJ20251217171728.jpg)

