It seems like Ford's plan is to use the LFP (lithium-iron phosphate) will be used for their standard range while NCM (Lithium Nickel Manganese Cobalt Oxide) will be used for long range EV models.

“We will maintain NCM (Lithium Nickel Manganese Cobalt Oxide) for long range, but our lower trims like the XLT in the F-150 Lightning or the Select in the Mach-E we will introduce LFP. It will vary over time to see what the customer demand is,” Lisa Drake, Vice President, EV Industrialization, Ford Model e, said while speaking during the automaker’s Q&A session announcing the new Ford BlueOval Battery Park Michigan plant.

Judging from these comments, it seems as if LFP batteries are set to replace the Standard Range NCM batteries in the Mach-E and Lightning, and perhaps not the Extended Range batteries present in these vehicles at the moment. LFP batteries don’t use nickel or cobalt in their construction and are generally cheaper, safer, and can be charged to 100 percent without worrying about speeding up battery degradation, though they’re also not as energy dense as lithium-ion batteries like NCM units.