It has a chemical composition of Lithium Nickel Manganese Cobalt Oxide, making it durable and long-lasting. Ultramax 12v 7Ah Lithium Nickel Manganese Cobalt Oxide (LiNiMnCo, NMC, NCM) Battery. While NCM’s lithium-ions can move in two different directions, LiFePO4’s lithium-ions can only move in in one single direction.