Is a new standards war—or rather, a chemistries war—developing? There are several important differences between the NMC and LFP battery chemistries, but the most salient points seem to be that batteries based on NMC (nickel, manganese, cobalt) offer higher energy density, but those based on LFP (lithium iron phosphate) tend to be cheaper. Chinese automakers… Read more »
Search Results Found For: "Lithium Iron Phosphate"
Benchmark Minerals launches price index for cathode raw materials
Price-reporting and market data company Benchmark Mineral Intelligence has launched an index for tracking the price changes of the raw materials in cathodes. The Lithium-ion Battery Raw Material Price Index displays price changes for blends with both NCM high-nickel and mid-nickel chemistries, and for lithium iron phosphate. It uses IOSCO-accredited lithium, nickel and cobalt prices… Read more »
Soaring raw material prices could reverse the decline in EV battery costs
We EVangelists have gotten used to smugly pointing to the steadily declining costs of batteries (and renewable energy), but thanks to the recent surge in raw material prices, that positive trend could slow, or even go into reverse, according to a recent Reuters report. Russia’s invasion of Ukraine has caused prices of nickel, lithium and… Read more »
Addionics raises $27 million in Series A funding for Smart 3D Electrodes
Battery technology company Addionics has raised $27 million in Series A funding from Deep Insight, Catalyst Fund, Delek Motors, Dr. Boaz Schwartz, Dr. David Deak and others. The funding will be used for developing and commercializing batteries with the company’s Smart 3D Electrodes, hiring additional team members and increasing the company’s activities in the US… Read more »
BYD introduces Type A electric school bus with V2G tech
BYD has introduced a Type A battery-electric school bus that features vehicle-to-grid technology, allowing the vehicle to serve as a power storage resource when it’s not transporting students. Type A school buses are typically used on routes with fewer students, or for transporting students with disabilities. The BYD Type A can seat up to 30,… Read more »
Chinese battery-maker Gotion to establish US LFP cell production for…Tesla?
Chinese battery cell manufacturer Gotion High-Tech reports that it has agreed to supply 200 GWh of LFP battery cells to an unnamed “large US automaker” between 2023 and 2028. Initially, the cells will come from China, but the agreement also envisions establishing LFP battery cell production in the US. Gotion wrote in a filing on… Read more »
BMW i Ventures invests in LFP cell developer Our Next Energy
BMW i Ventures will invest in Our Next Energy (ONE), a Michigan-based energy storage company that’s working to develop longer-range, lower-cost batteries. ONE will use the investment to scale production of its first products. ONE has demonstrated two proprietary technologies. The first, called Aries, uses lithium iron phosphate (LFP) chemistry in a structural cell-to-pack architecture… Read more »
Tesla buyers offered a choice between LFP or NCA battery packs
For most car buyers, their technical automotive knowledge amounts to this: they know a car has an engine (or motor), and they want the biggest, most powerful one they can afford. Early-adopting EV buyers seem likely to be a little more knowledgeable, and Tesla is taking the unprecedented step of giving buyers a choice between… Read more »
BYD introduces electric Type D school bus
BYD, a major manufacturer of transit buses, is introducing a battery-electric Type D school bus. According to the company, the new e-bus offers “unparalleled safety features and performance, wrapped in a sleek design that will have students wanting to step onboard.” BYD’s Type D school bus will come in 35-, 38-, and 40-foot lengths, and… Read more »
Ford raises its EV game: 40% pure EVs by 2030, new platforms, new battery initiatives and more
In a virtual meeting with investors, Ford outlined a plethora of plans to expand its electrification efforts. There was a big bundle of news, which will take the media some days to fully unpack, but the gist of it is that, under a plan dubbed Ford+, the automaker will be allocating capital to three priority… Read more »