27
APRIL 2026
BATTERY CHEMISTRY AND VESSEL ECONOMICS
The choice of battery chemistry remains one of the most important decisions in ferry design. Today’s vessels typically rely 
on one of three chemistries:
BATTERY TYPE
BENEFITS
CHALLENGES
Lithium iron phosphate (LFP)
• Cost‑efficient and  
highly durable
• Longer overall lifespan  
than many chemistries
• Lower energy density  
than NMC
• Heavier than NMC for  
the same capacity
Nickel manganese cobalt (NMC)
• High energy density for 
reduced vessel weight
• Supports compact,  
lightweight installations
• More expensive than LFP
• Shorter cycle life than LFP
Lithium titanate Oxide (LTO)
• Exceptional cycle life and  
rapid charging capability
• Highly robust and  
thermally stable
• Very heavy and  
significantly more costly
• Lowest energy density  
among the three
For a 2,000-kWh installation, the weight difference 
between NMC and LTO batteries can exceed 25 tons, 
enough to affect hull design, structural costs and energy 
consumption. In high-speed or weight-sensitive vessels, 
lighter chemistries can significantly boost efficiency. By 
contrast, vessels operating on high-frequency, short-range 
shuttle routes may favor LTO batteries for their ability to 
recharge in minutes.
Matching chemistry to operating model is therefore criti-
cal, not only for economic reasons but also for regulatory 
compliance and schedule reliability.
CHARGING INFRASTRUCTURE
An Often-Misunderstood Cost Driver
Even as battery prices fall, shoreside charging remains a 
core factor in determining the practical operational viabil-
ity of electric ferries. Conventional electric displacement 
ferries often require high peak charging power to sustain 
their operating profiles. In ports where electrical capacity 
is limited, grid upgrades can add substantial cost and delay.
Hydrofoil vessels change this dynamic. Their energy ef-
ficiency reduces overall battery size and power demand, 
enabling significantly lower charging power and shore-
side grid capacity. This unlocks flexible infrastructure 
solutions, including battery energy storage systems 
(BESS) that buffer the load and reduce the need for ma-
jor grid reinforcement.
These infrastructure differences can tilt the economic 
balance in favor of lighter, more efficient architectures, 
especially in cities where electrical capacity is fragmented 
or costly to expand.

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