The four members of Formosa Plastics Group and affiliated Formosa Biomedical Technology have established Formosa Smart Energy Tech, a joint venture focusing on energy storage, energy...
The price of lithium carbonate used in ternary and lithium iron phosphate (LFP) batteries has gone up 60% since the beginning of the year, reaching the ceiling for many lithium battery...
Tesla is expected to deliver the first batch of Model Y electric vehicles (EVs) equipped with 4680 batteries at the end of this quarter, according to reports.
Industry experts are optimistic that electric cars 2022 will continue to rise. Therefore, carmakers are trying everything to secure battery stock, including leaning toward lithium-iron-phosphate...
Taiwan-based supply chains are stepping up to meet lithium battery demands as a result of the rising popularity of electric vehicles (EV) and energy storage systems.
The price of lithium batteries continued to increase through the end of the third quarter due to the shortage of key materials and material prices skyrocketing. Coupled with China's...
The future for lithium batteries is promising and China-based battery makers are actively seizing market opportunities. Recently, BYD raised funds to expand its electric vehicle (EV)...
Telsa has announced that it will switch to lithium iron phosphate (LFP) batteries for its standard range Model S, 3, X and Y EVs, but will continue to use nickel cobalt manganese...
Output of LFP (lithium iron phosphate) batteries in China and such batteries installed in electric vehicles (EVs) and hybrid EVs in the China market began to exceed ternary batteries...
China-based LFP (lithium iron phosphate) battery makers, despite increases in material cost, are willing to maintain quotes at current levels by absorbing such increases themselves,...
The US government will reportedly subsidize production of lithium battery cells, LFP (lithium iron phosphate) and ternary ones, in the US, a bid to strengthen self-sufficiency for...
LFP (lithium iron phosphate) batteries, with penetration growing in China, are expected to split the Chinese market with ternary batteries in a 50-50 ratio in 2021, according to industry...