Tesla is in talks with Chinese battery-maker CATL to use lithium iron phosphate (LFP) batteries in their Shanghai-made EVs, Reuters reports. But what is LFP? Are we finally looking at a cobalt free, affordable future for EV batteries?
Tesla aren’t the only automaker with plans to make their own EV batteries. Volkswagen Group have begun pilot production at their cell production facility in Salzgitter this week. The plant is expected to begin full-scale production by 2024, providing the batteries needed for VW’s company-wide transition away from combustion.