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22 Oct
13:19

Tesla shifts to iron batteries for standard vehicles

Tesla appears to be pivoting toward a lithium iron phosphate (LFP) chemistry for its “standard range” vehicles, both to avoid rising commodity prices and problematic raw materials like cobalt.  In the company’s third-quarter shareholder presentation, Tesla notes that “we are shifting to lithium iron phosphate battery chemistry globally.”  LFP batteries are substantially cheaper than their main competitor, nickel manganese c…
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