SLUAAH5 November 2022 BQ25171-Q1
The Lithium Iron Phosphate Battery(LFP) is a relatively new type and has a chemistry similar to Lithium Li-ion battery. LFP advantage is the longer life and higher number of charge cycles, 4X or 2000 vs 500 for Li-Ion. The chemistry has a higher degree of chemical stability with a reduced risk of thermal run away which makes them safer.
LFP has lower cell voltage 3.6 V to 2 V results in lower power density. This can require a boost converter or two cell configurations for some applications.
While risk of thermal runaway and fire is much lower with LFP, shipping restrictions are the same as Li-Ion due to lithium and risk of fire.