# Global EV cathode material market trends > Live situation record from CLSTR: https://clstr.news/situations/global-ev-cathode-material-market-trends > Updated: 2026-10-26T00:34:49.000Z. Sources: 2. Developments: 2. The global electric vehicle cathode material market is experiencing a significant shift toward Lithium Iron Phosphate (LFP) materials. According to SNE Research, LFP loading reached 65.4% of the total market between January and August, growing by 31.8% year-on-year and outpacing ternary (NCx) materials. This trend is especially notable outside of China, where LFP's share rose to 34.9%. While Chinese suppliers maintain a dominant 87.3% market share, South Korean and Japanese suppliers have seen their shares decline. In response to these market shifts, companies like L&F are diversifying their technological offerings. At the 2026 Daegu Future Mobility Expo, L&F showcased its third-generation high-density LFP cathode material, designed to improve energy density while remaining cost-competitive. L&F has also initiated mass production of LFP materials through its subsidiary, L&F Plus, and is researching next-generation technologies for sodium-ion and all-solid-state batteries to build non-China-centric supply chains. ## Timeline ### 2026-10-26: L&F showcases NCM and LFP cathode technologies at DIFA 2026 L&F showcased its NCM and high-density LFP cathode technologies at DIFA 2026, highlighting its 30,000-ton annual LFP production capacity. 2 sources. https://clstr.news/cluster/lf-showcases-ncm-and-lfp-cathode-technologies-at-difa-2026 ### 2026-10-12: LFP cathode materials reach 65.4% share of global EV market Global EV cathode material loading rose 21.8% through August, with LFP materials increasing their market share to 65.4% as Chinese suppliers maintain a dominant 87.3% share. 2 sources. https://clstr.news/cluster/lfp-cathode-materials-reach-654-share-of-global-ev-market --- Cite as: Global EV cathode material market trends. CLSTR, https://clstr.news/situations/global-ev-cathode-material-market-trends