Elon Musk is a fan of this less-expensive battery, which uses iron as a key material. It now dominates in China's electric-vehicle market.
A personal, guided tour to the best scoops and stories every day in The Wall Street Journal.As Chinese car dealers sell more EVs and a greater proportion of those EVs carry LFP batteries, production of the iron batteries is surging. In 2021, Chinese battery makers produced LFP batteries with 125.4 gigawatt-hours of capacity, more than triple the figure from a year earlier, said the government-backed China Automotive Battery Research Institute.
One of the strongest advocates is Tesla’s Mr. Musk, who has said that finding enough nickel at reasonable cost is a major production concern. He has pushed back against the idea that customers buying an LFP car are getting a second-class product. “I’d personally slightly opt for iron pack, as it wants to be charged to 100% whereas nickel prefers ~90%,” Mr. Musk said in the Twitter post.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk says Tesla is still working through 'a lot of challenges' with the Indian governmentElon Musk says Tesla is still working through 'a lot of challenges' with the Indian government as it looks to launch in the country
Read more »
Elon Musk Says Tesla Is Accepting Dogecoin for Some MerchandiseThe move, which sparked a 10% surge in dogecoin, marks a return for the electric-vehicle maker to acceptance of digital currencies for some payments.
Read more »
Elon Musk Tweets Tesla Now Accepts Dogecoin for Its MerchElon Musk announced that Dogecoin is now accepted at Tesla for buying merchandise, putting the cryptocurrency on an upward trend.
Read more »
Dogecoin jumps 9% after Elon Musk says its can be used buy Tesla merchandiseElon Musk tweeted that Tesla merchandise can be purchased with dogecoin, sending the cryptocurrency's price soaring.
Read more »
Tesla & Elon Musk Take A Stand For California Homeowners Who Want SolarIt seems that the California Public Utilities Commission wants to tax homeowners for making use of the sun's existence. I wrote about this last month, noting that the state's $8 per kilowatt solar tax would punish
Read more »
Elon Musk, Hollywood Actors Criticize California’s Plan to Cut Solar SubsidiesA proposal to cut incentives for rooftop solar power in California has drawn criticism from some environmentalists, Hollywood stars and business leaders, including Tesla Chief Executive Elon Musk
Read more »