Week in Insights: The Lithium-Iron-Phosphate Future Is Arriving

Feb. 11, 2024, 3:00 PM UTC

Curated by Daniel Xu

Far be it from us to ever say we told you so, but we told you so.

Tesla Inc. is reportedly disassembling a manufacturing facility in China and opening it as a battery plant in Nevada that manufactures lithium-iron-phosphate, or LFP, batteries for their electric vehicles. LFP batteries are more stable and longer lasting—though also heavier—than their cobalt- and nickel-containing counterparts.

The move is likely an attempt to meet sourcing and materials requirements for the $7,500 federal EV tax credit, as purchasing LFP batteries from China wouldn’t suffice.

It’s concerning that the pursuit ...

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