lfp

Electroflow promises to make LFP material for 40% less than Chinese producers

Fundraising /

The battery world has fallen head over heals for lithium-iron-phosphate cells, a cheap, durable chemistry that can lower the price of a vehicle by thousands of dollars. Tariffs and anti-China regulations have complicated the picture for American automakers. “We think LFP is the missing ingredient for energy prosperity. The problem is it’s literally 99% made […]

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GM to challenge China’s LFP monopoly with upgraded battery factory

Transportation /

GM said Monday it is working with joint venture partner LG Energy Solution to upgrade its Ultium battery factory to make lithium-iron-phosphate cells for the automaker’s low-cost EVs. The factory’s overhaul will give LFP production in the United States a significant boost. Despite being invented and commercialized in the U.S., today the vast majority of

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Nascent Materials emerges from stealth to make LFP batteries better and cheaper

Fundraising /

Lithium-ion batteries have dropped in cost by 75% over the past decade, a marvel of research and development that isn’t the result of a singular breakthrough but of myriad incremental improvements. Few know that better than Chaitanya Sharma, founder of the stealthy Nascent Materials. Sharma spent a little over two years working at Tesla’s Gigafactory

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