LFP battery is the abbreviation of LiFePO4 battery. Its Chinese name should be called lithium iron phosphate, which is called lithium iron phosphate battery in full, with olivine structure. Lithium iron phosphate (molecular formula LiFePO4, also known as lithium iron phosphate, lithium iron phosphate, or LFP for short) is a cathode material for lithium ion batteries, also known as lithium iron phosphate batteries.
LFP battery has the advantages of high working voltage, high energy density, long cycle life, good safety performance, low self discharge rate, and no memory effect.