State of the Market Report | March 08, 2021
Lux Research's Automotive Battery Tracker analyzes key trends related to the impact of electrification on the automotive industry. Leveraging multiple data sources for vehicle sales, combined with Lux's tracking of technical specifications for electrified vehicles, the Automotive Battery Tracker ... Not part of subscription
News Commentary | November 01, 2021
The announcement comes amid the rising nickel and cobalt prices across the globe. Tesla's switch to LFP can be viewed as a move toward cheaper production costs and mitigating supply chain risks in rare earth metals like nickel and cobalt. It should not be a surprise, as Tesla offers the LFP‑based ... To read more, click here.
State of the Market Report | October 29, 2021
Lux Research's Automotive Battery Tracker analyzes key trends related to the impact of electrification on the automotive industry. Leveraging multiple data sources for vehicle sales, combined with Lux's tracking of technical specifications for electrified vehicles, the Automotive Battery Tracker ... Not part of subscription
by Chloe Holzinger
It is highly unlikely that this choice was influenced by cobalt costs, as Tesla's NCA cathodes use a relatively small amount of cobalt compared to most NMC formulations. Instead, there are several other factors likely driving Tesla's LFP decision. First, doing so will help insulate Tesla against a nickel feedstock shortage, which is an increasingly concerning scenario given rapidly increasing demand. Second, the Chinese BEV market is the largest and most competitive in the world, with dozens of automakers (including a staggering number of Tesla copycats) competing with a diverse array of solutions. Lastly, even with reduced energy density, Tesla expects that its drivetrain efficiency will still allow it to qualify for range subsidies.
For the original news article, click here .