LFP

LFP stands for Lithium Iron Phosphate, a type of lithium-ion battery chemistry known for its lower cost, longer lifespan, and improved thermal stability compared to other types like NMC.

Why it’s in the news: It is in the news because major automotive and EV companies are increasingly adopting and developing LFP battery technology to lower the cost of their electric vehicles.

Latest on LFP

• Tesla’s LFP battery holds its charge better, study says
• Ola Electric gets BIS certification for indigenous LFP battery cell
• Ola Electric Secures BIS Certification For Its In-House Developed LFP Cell
• Ford is now building low-cost LFP battery cells in the US that will power its $30,000 EV pickup

Connections

3 entities linked to LFP across the news graph.