• About Us
  • Add Post
  • Contact
  • Contribute For Us
  • Homepage
  • Our Authors
  • Privacy Policy
What's Hot

BRI Named as Market Leader and Best Service Provider in the Euromoney Trade Finance Awards 2023

March 22, 2023

Industrial enclosures market to grow at a CAGR of 5.16% from 2022 to 2027, Increasing use of electrical and electronic equipment in manufacturing processes to drive growth

March 22, 2023

CREDIT SUISSE SHAREHOLDER ALERT BY FORMER LOUISIANA

March 22, 2023
What's Hot

BRI Named as Market Leader and Best Service Provider in the Euromoney Trade Finance Awards 2023

March 22, 2023

Industrial enclosures market to grow at a CAGR of 5.16% from 2022 to 2027, Increasing use of electrical and electronic equipment in manufacturing processes to drive growth

March 22, 2023

CREDIT SUISSE SHAREHOLDER ALERT BY FORMER LOUISIANA

March 22, 2023
Facebook Twitter Instagram
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors
Facebook Twitter LinkedIn
BusinessLendBusinessLend
  • NEWS
  • BUSINESS
  • AUTO
  • TECH
  • MONEY
  • STARTUP
  • SUCCESS STORIES
  • OTHER
    • Press Release
    • OPINION
Subscribe
BusinessLendBusinessLend
Home»AUTOMOBILE»Automakers, suppliers spend large to construct an affordable EV battery
AUTOMOBILE

Automakers, suppliers spend large to construct an affordable EV battery

Bhagyashree SoniBy Bhagyashree SoniNovember 11, 2022Updated:November 11, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

“I see our future being derived from iron, which is a very abundant, low-cost material and very safe to operate,” ONE CEO Mujeeb Ijaz advised Automotive News. While iron is cheaper than cobalt, lithium iron phosphate batteries have usually been proven to have “one of the lowest” power densities amongst battery chemistries, Layson stated.

“Not all OEMs are on board with LFP, but the German brands are because in densely populated cities, drivers don’t often get up beyond 40 miles per hour,” Layson stated. “That’s perfect for an LFP cell. A typical round trip in Paris, Berlin or London might be 35 kilometers in stop-and-go city traffic. Drivers could go all week without charging.”
As firms seek for the following main growth in battery chemistry, modifications in battery packaging are yielding promising outcomes, in accordance with Layson.

That’s the place the true developments have been coming from,” he said.

One of the most high-profile examples of that is Tesla’s cylindrical 4680 battery. Its design promises increased range and lower production costs, though the automaker has fallen short of CEO Elon Musk’s 2020 goal of building enough batteries for 1 million or more vehicles this year.

Likewise, Chinese manufacturer BYD has developed a “blade” lithium iron phosphate battery, which is less bulky than a traditional lithium iron phosphate battery and can achieve higher energy density due to its design. Toyota is among the automakers that have purchased Blade batteries from BYD, and BYD in June was preparing to sell its batteries to Tesla.

“It’s nonetheless lithium iron phosphate cathode chemistry, but it surely’s a breakthrough in cell-to-pack expertise,” Layson stated.

Source: www.autonews.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Bhagyashree Soni
  • Facebook

Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.

Related Posts

Jan Dils Attorneys at Law Returns As Premier Partner of West Virginia Motor Speedway in 2023

March 15, 2023

Create the Ultimate Camping Experience

March 14, 2023
Add A Comment

Comments are closed.

Advertisement
Editors Picks

Terry Smith/EM: macro assault beats veteran inventory picker

September 14, 2022

PayPal threatens to drag Phoenix Suns sponsorship after proprietor’s racist slurs

September 17, 2022

Baku to host a large-scale cybersecurity occasion from Palo Alto Networks (PHOTO)

June 8, 2022

Hyundai This fall earnings: $11.3B spending plan introduced

January 26, 2023
Advertisement
Latest Posts

BRI Named as Market Leader and Best Service Provider in the Euromoney Trade Finance Awards 2023

March 22, 2023

Industrial enclosures market to grow at a CAGR of 5.16% from 2022 to 2027, Increasing use of electrical and electronic equipment in manufacturing processes to drive growth

March 22, 2023

CREDIT SUISSE SHAREHOLDER ALERT BY FORMER LOUISIANA

March 22, 2023

Business Lend is a platform which brings executives officers, entrepreneurs, and venture capitalist together from different sectors. We keep on connecting with our users with the help of our monthly edition carving our way slowly towards the highest readership.

Facebook Twitter Instagram LinkedIn
Must Read
  • BRI Named as Market Leader and Best Service Provider in the Euromoney Trade Finance Awards 2023 March 22, 2023
  • Industrial enclosures market to grow at a CAGR of 5.16% from 2022 to 2027, Increasing use of electrical and electronic equipment in manufacturing processes to drive growth March 22, 2023
  • CREDIT SUISSE SHAREHOLDER ALERT BY FORMER LOUISIANA March 22, 2023

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2023 BusinessLend. Designed by ThemeSphere.
  • About Us
  • Contact
  • Add Post
  • Contribute For Us
  • Privacy Policy
  • Our Authors

Type above and press Enter to search. Press Esc to cancel.