Initial supercharging results suggest that the new lithium iron phosphate (LFP) battery powered Tesla Model 3 can supercharge even faster than the version with the nickel battery. This looks promising, and is not unexpected. China-based website 42HOW conducted a side-by-side test of the new LFP battery Tesla Model 3 and … [continued]
Tesla Battery Day is less than a week away. In my view, most Tesla commentary continues to overlook what is already known when it comes to predictions for what will be revealed on Tesla Battery Day.
In the popular imagination, lithium is the element that powers EVs. However, as Elon Musk has pointed out, the term “lithium-ion batteries” is something of a misnomer, because they don’t really contain that much lithium. However, meeting the expected surge in demand for element #28 may not be so easy, because of various supply-side issues. In a recent interview with Kitco News, Michael Beck, Managing Director at Regent Advisors, said he sees something of a “perfect storm” brewing in the nickel trade.
Tesla’s second quarter earnings call just confirmed what may be the hottest technology topic for the electric vehicle revolution. Relatively inexpensive and abundant Lithium Iron Phosphate (LFP) batteries are well suited to affordable mass market EVs, so long as they are energy efficient. This confirms that frequent concerns over battery mineral constraints (and fundamental cost barriers) for powering the EV transition can potentially be laid to rest.
Our friends at EV Volumes — true EV data fiends — have released another report on electric car sales and trends. There are another of interesting findings, but the chart that jumped out to me the most was one about battery chemistry.
