NEWS COMMENTARY

Tesla transitions to LFP in its Megapacks

Published:
June 30, 2021
Services:
Chemicals More...
Priorities:
Evolution of the Power Grid More...
Activities:
Product
Very important

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 factors, but costs and supply chain concerns are likely at the top of the list. Prices for LFP-type cathodes dropped faster than those of Ni-based counterparts in recent years, with the chemistry now cheaper on a $/kWh basis, while concerns over the availability of Ni-based cathodes have pushed Tesla to use LFP in some of its vehicles. Clients should expect LFP to play a significant role in stationary storage moving forward.

For the original news article, click here .


Further Reading

Opportunities for battery recycling in light-duty electric mobility

Analyst Insight | March 31, 2021

The Li‑ion battery industry is experiencing an explosion in demand due to the increasing adoption of battery electric vehicles (BEVs). As those vehicles retire, the battery pack remains a valuable asset. A scarcity of critical resources for batteries and a growing push to reduce waste are driving ... Not part of subscription

Battery fires prompt expensive recall of 81,701 Hyundai electric vehicles

News Commentary | February 24, 2021

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... 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.