Tesla moving to Iron Phosphate lithium batteries, It cant bet any better for Phosphate suppliers.
Just a matter of time before AEV explodes in price.
Tesla says it’s going to be shifting to lithium iron phosphate (LFP) battery chemistry globally in its smaller standard-range vehicles.Announced as part of its record third-quarter earnings report, this means that all entry-level Tesla Model 3 and Model Y electric vehicles will be equipped with LFP battery cells.This battery chemistry is traditionally cheaper and safer, but the cells are less energy dense, which means they offer a shorter range.LFP batteries are therefore seen as best suited to standard-range cars, heavy commercial vehicles and energy storage systems.
https://www.carexpert.com.au/car-news/tesla-moving-to-lithium-iron-phosphate-batteries-for-standard-range-electric-cars
Tesla moving to iron phosphate lithium batteries for standard-range electric cars
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