It seems like the chemistry has some interesting trade-offs.
https://www.mitsubishicritical.com/resources/blog/the-runawa...
https://www.linkedin.com/pulse/which-better-nickel-manganese...
> NMC does have an increased fire and thermal runaway risk
> The USA has put regulations and restrictions in place to make sure certain sources of Cobalt and other minerals are not used in future supplies and designs. Estimates show that there will be a Cobalt shortage by 2028, which has been quickened by the increased use of Cobalt in electric vehicles and battery energy storage designs
> NMC has increased energy density with a cycle life span that is geared towards a reduced number of cycles per year.
> The full charge and discharge cycle of the LFP battery will only decay to 80% of the original after the number of full charge and discharge cycles is greater than 3500 times. … The charge-discharge cycle life of NMC battery is about 1000 times.