Tesla is among automotive manufacturers exploring more use of LFP battery tech
The sharp rise in battery raw material prices this year has amplified the cost difference between the two leading batteries for EVs: nickel-based cathode active materials (CAMs) and lithium iron phosphate (LFP), increasing interest in LFP-powered electric vehicles.
While all lithium-ion batteries operate thanks to the movement of lithium ions and the induced movement of electrons through a circuit, not all Li-ion cells contain the same chemicals. An area of battery tech that’s seen a number of different solutions deployed over the years is the cathode. Two main approaches have become popular for cathodes in EV batteries – the first uses a nickel-cobalt-based chemistry, while the second…