[Concall] Ecopro "We will expand market share of mid-to-low price lines including LFP"
On the 7th, EcoPro stated in its Q4 earnings conference call that it plans to "accelerate the development of mid-to-low priced cathode materials for electric vehicles to expand market share in the mid to long term," adding, "In the second half of this year, we will establish pilot lines for LFP (Lithium Iron Phosphate) or LFMP (Lithium Manganese Iron Phosphate) cathode materials and promote mass production development, while also advancing the development and securing customers for OLO (Mid-Nickel) cathode materials."
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They continued, "We plan to expand the proven high-nickel single-crystal mass production technology to high-voltage mid-nickel and aim to secure new clients among automotive OEMs and cell makers within the year," explaining, "Starting mass production of NCMX (Ternary) cathode materials in the second half of this year, we will work on stabilizing production and increasing sales volume."
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