Published:
February 24, 2021
Services:
Chemicals More...
Priorities:
Asset Timing and Transitioning More...
Activities:
Incident
Further Reading
Tesla transitions to LFP in its Megapacks
News Commentary | June 30, 2021
Though Tesla has consistently used nickel‑based cathodes in its products – NCA cathodes in its vehicles and NMC in its stationary storage products – the company announced it would begin using LFP‑type cathodes in its stationary storage line of products. The move was probably motivated by several ... To read more, click here.
Tesla introduces LiFePo cathodes for all its standard-range vehicles
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.
Automotive Battery Tracker: H1 2021 Update
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 Christopher Robinson
The initial root cause of the failure is disputed, with Hyundai claiming a defect in the cathode tab and LG Energy Solutions claiming it was a battery management system design error. This is a particularly impactful failure, as more than 80,000 vehicles now need their batteries replaced, which at an assumed cost of $150/kWh and average pack size of 60 kWh would result in a $720 million battery price tag for the recall. Clients should continue to expect safety concerns to grow for automakers, as failures can not only be a large financial liability but also run afoul of regulators placing increasing scrutiny on battery fires.
For the original news article, click here .