A battery chemistry once dismissed by western car makers for being more suitable for local Chinese buses than high-tech, premium electric cars is now going global as companies redo the cost-versus-range sums.
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Developments improving the efficiency of lithium iron phosphate (LFP) batteries have prompted an industry rethink
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Tesla's decision to use LFP batteries in the standard-range Model 3 surprised UBS bank analysts
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Chinese battery companies BYD and CATL are responsible for key developments to LFP batteries
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The Ford Mustang Mach-E is following Tesla's example, getting LFP cells from 2023
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Swapping the 77kWh ID 3 battery for an LFP version could reduce range by more than 100 miles
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