- Lithium iron phosphate (LFP) batteries are cheaper to produce and more stable than traditional nickel-based chemistries.
- A new study from a Tesla-funded lab found that LFP batteries degrade faster when fully charged.
- Repeated charging at a higher state of charge increases negative reactions within a pack.
Electric vehicles powered by lithium iron phosphate (LFP) batteries are gaining popularity worldwide. Compared to traditional nickel manganese cobalt (NMC) batteries, LFP packs are cheaper to produce, pose a lower fire risk and offer greater longevity. However, they’re less energy-dense, which is why automakers typically use LFP batteries in entry-level models like the rear-wheel-drive Tesla Model 3, the base Ford Mustang Mach-E and the Dual Standard second-gen Rivian R1S among others.
