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Cake day: October 25th, 2023

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  • The IP situation is key to understanding LFP. China had basically all control over the LFP supply for the past decade because they had control over key patents to safeguard that supply. Those patents expired near the end of 2022, so now other companies have more freedom to ramp up production. It will take time though to get to a point where a country other than China has significantly built up their LFP supply chain though, it is still quite early.