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A lithium manganese iron phosphate (LMFP) battery is a lithium-iron phosphate battery (LFP) that includes manganese as a cathode component. As of 2023, multiple companies are readying LMFP batteries for commercial use. [1] Vendors claim that LMFP batteries can be competitive in cost with LFP, while achieving superior performance. [2]
In February 2023, Ford announced that it will be investing $3.5 billion to build a factory in Michigan that will produce low-cost batteries for some of its electric vehicles. The project will be fully owned by a Ford subsidiary, but will use technology licensed from Chinese battery company Contemporary Amperex Technology Co., Limited (CATL). [54]
Under certain conditions, some battery chemistries are at risk of thermal runaway, leading to cell rupture or combustion.As thermal runaway is determined not only by cell chemistry but also cell size, cell design and charge, only the worst-case values are reflected here.
In 2010, A123 received a US$249 million grant from the U.S. Department of Energy for building battery production facilities. Approximately $129 million of the grant was used to build a 550 MWh battery plant in Livonia and another in Romulus. [18] An untapped $120 million grant was abandoned by A123 by May 2012. [19]
This means that at the same capacity rating, the lithium will cost more, but a lower capacity lithium battery can be used for the same application at a lower price. The cost of ownership when considering the lifecycle further increases the value of the lithium battery when compared to a lead acid battery.
Designs and manufactures forklift battery boxes under the branding Ethium. [41] Frey New Energy 2010 LFP: Yes Manufacturer and distributor of lithium-ion battery cells, modules and customized packs for heavy-duty industrial EVs and machines, serving markets of mining, material handling, GSE, and other industrial applications.