German chemical company LANXESS and battery materials manufacturer IBU-tec are collaborating on research aimed at developing iron oxides for lithium iron phosphate (LFP) cathode material and improving battery performance. The companies want to improve LFP battery energy density, charging speed and cycle life. European LFP demand is predicted to climb 20% per year until 2030…. Read more »
Search Results Found For: "LFP"
GM says equipping the next-gen Chevy Bolt EV with LFP batteries will save billions
EV enthusiasts were disappointed at GM’s decision to discontinue the popular (if a bit dull) Chevy Bolt EV last year. In hindsight, the move may have been premature—the new Ultium EVs that were supposed to replace the Bolt in GM’s lineup have been delayed, causing the company to post embarrassingly low EV sales figures for… Read more »
LFP batteries responsible for 36% of global EV graphite demand
According to Adamas Intelligence, 493,472 tons of graphite were deployed globally in the batteries of all newly marketed passenger EVs and hybrids from January to October 2023, up 45% or 153,034 tons from the same period in 2022. Over the same period, passenger EV unit sales rose 33% and sales-weighted average battery capacity in kWh… Read more »
LG Chem to build LFP cathode plant in Morocco
South Korea-based chemical company LG Chem and China’s Huayou Group have partnered to build a lithium-iron-phosphate (LFP) cathode materials plant. LG Chem is working to vertically integrate its cathode supply chain. The LG Chem-Huayou Group partnership will develop four plants: an LFP cathode material facility; a lithium conversion plant, also in Morocco; a high-pressure acid… Read more »
India’s Epsilon Group acquires LFP cathode technology center in Germany
Indian battery materials manufacturer the Epsilon Group has agreed to acquire Johnson Matthey’s lithium-ion phosphate (LFP) cathode active material technology center in Moosburg, Germany. The facility boasts “best-in-class technical capabilities and a workforce with expertise in LFP chemistry, comprehensive product and process development capabilities, and a versatile customer qualification plant designed to verify new materials… Read more »
American Battery Factory and First Phosphate to produce LFP cathode active material in North America
American Battery Factory (ABF) has partnered with Canadian mineral development company First Phosphate to produce more than 40,000 tons of lithium iron phosphate (LFP) cathode active material (CAM) annually for the battery storage sector in North America. The agreement envisions LFP CAM manufacturing of $500 million to $1 billion annually at future raw material costs…. Read more »
The economics of recycling LFP batteries are not as attractive as NCM—an opportunity for second-life applications?
The anti-EV crowd is fond of stating that EV batteries “can’t be recycled.” If they read Charged on a regular basis, they would learn that EV batteries are in fact being recycled around the world by a growing number of companies. Lithium-ion batteries contain valuable minerals such as nickel and cobalt, so they’re no more… Read more »
CATL launches fast-charging LFP battery, to start mass production this year
CATL, the world’s largest EV battery maker and a major Tesla supplier, has launched a new lithium iron phosphate (LFP) battery that it claims can add 248 miles of range in 10 minutes of charging. The company says its new Shenxing battery (named for an ancient Chinese phrase having to do with speed) will deliver… Read more »
American Battery Factory raises capital to develop LFP battery gigafactory in Arizona
American Battery Factory (ABF), a battery manufacturer that plans to build a network of lithium iron phosphate (LFP) battery cell gigafactories in the US, has raised significant development capital in Series A funding. ABF will use the funds to secure production equipment and security technology needed for the first development phase of its recently announced… Read more »
Motiv Power Systems launches next-gen electric trucks with new LFP battery system
Motiv Power Systems has been in business for 14 years, providing electric step vans, box trucks and shuttle buses with payloads of 2-6 tons. The company has deployed more than 150 vehicles with fleets across North America. Now the company has announced its next-generation electric trucks for medium-duty fleets. The new generation features a new… Read more »