So its seems latest news in china is lfp batteries will surpass ternary batteries in energy density by the end of this year. In my mind its looking like this is true. 1000km lfp battery would be amazing and speed up ev uptake massively. On the otherside of this most european battery factories are setting up for ternary battrie, so the possibilty of producing exspensive inferior batteries is on the cards
Can the european, korean and usa factories pivot to lfp if the above is true and lfp wins the beta v vhs race. Including the new tesla battery factories. All though i think musk saw this coming when he tweet0ed lfp is the futire a few months back and probably has some plans in action.
Good news for graphite and lfp (but lfp mainly produced in china) byd, catl and gotion hitechI know its a dirty word around here but i am not against chinese offtakes. Especially when VW is a major stake holder in gotion hitech.
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