Minerals specialist company ICL has inaugurated a large-scale battery materials manufacturing plant in St. Louis, Missouri. The $400-million plant will manufacture materials for lithium iron phosphate (LFP) batteries and will be operational by 2025 to meet growing demand from the energy storage, EV and clean energy industries for battery materials produced and sourced in the… Read more »
Search Results Found For: "Lithium Iron Phosphate"
Mercedes-Benz announces pricing for its new eSprinter van
Mercedes has set the starting price for the eSprinter, its first all-electric van in North America, at $71,886.12. The market-launch 170-inch-wheelbase cargo version with high-roof configuration is now available for order from US dealerships. It is equipped with a 113 kWh lithium iron phosphate battery and offers a WLTP range of up to 249 miles…. 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 »
Impact Clean Power develops GigafactoryX in Poland to produce a heavy vehicle battery
Polish company Impact Clean Power Technology (Grenevia Group) has unveiled a rendering of its planned GigafactoryX, a large-scale battery factory for EVs and energy storage in Pruszków, near Warsaw. The facility will produce batteries with maximum dimensions of 1400 mm x 1000 mm x 400 mm and a maximum weight of 500 kg. The production… Read more »
Designwerk develops HIGH CAB Semi Lowliner battery cells
Designwerk Technologies, an engineering company in Switzerland, is developing a lithium iron phosphate (LFP) battery cell to power the electric HIGH CAB Semi Lowliner 4x2T by 2024. Designwerk claims that LFP batteries offer a high number of charge cycles, extended service life and minimal height. The company’s LFP high-voltage battery systems feature 141 Wh/kg specific… Read more »
LG Energy Solution to build a $5.5-billion battery manufacturing complex in Arizona
South Korean battery manufacturer LG Energy Solution will invest approximately $5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities—one for cylindrical batteries for EVs and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). The company plans to invest $3.2… Read more »
LG Chem targets sixfold sales growth in battery materials by 2030
LG Chem has announced a new strategy to become a top global battery materials company. CEO Shin Hak-cheol said at a recent battery conference in Seoul that LG Chem aims to grow its annual battery material sales sixfold, to KRW 30 trillion ($25.5 billion) by 2030. The expansion of the company’s battery business is part… Read more »
Umicore begins manufacturing manganese-rich EV battery materials
Umicore plans to commercialize its manganese-rich HLM (high-lithium manganese) cathode active material (CAM) technology for EVs in 2026. This enhances Umicore’s portfolio of NMC (nickel, manganese, cobalt) battery materials for EVs and provides a design-to-cost battery technology. Umicore says HLM outperforms lithium iron phosphate when it comes to total cost of ownership, driving range, safety,… 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 »