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Alsym Energy, a seven-year-old Massachusetts startup, aims to halve the cost of electric vehicle batteries with a new design that eliminates lithium and cobalt, two increasingly costly ingredients ...
The lithium iron phosphate battery (LFP) is on the rise, reaching 41% global market share by capacity for BEVs in 2023. [1]: 85 LFP batteries are heavier but cheaper and more sustainable. At the same time, the first commercial passenger cars are using a sodium-ion battery (Na-ion) completely avoiding the need for critical minerals. [2]
In May 2011, A123 introduced a lithium-ion 12 V engine starter battery designed as a lighter-weight, longer-lasting and more environmentally friendly drop-in replacement for lead acid batteries. [41] A123's Nanophosphate® Engine Start Battery was selected to R&D Magazine's 2011 R&D 100, which salutes the 100 most technologically significant ...
Cost † Discharge efficiency ... Low self-discharge nickel–metal hydride battery: 500–1,500 [14] Lithium cobalt oxide: 90 500–1,000 Lithium–titanate: 85–90 ...
The specific energy of LFP batteries is lower than that of other common lithium-ion battery types such as nickel manganese cobalt (NMC) and nickel cobalt aluminum (NCA). As of 2024, the specific energy of CATL's LFP battery is claimed to be 205 watt-hours per kilogram (Wh/kg) on the cell level. [13] BYD's LFP battery specific energy is 150 Wh ...
NorthVolt Zwei (two), JV battery production in Salzgitter, Germany, for the electric vehicles of the Volkswagen Group. Start of production planned for end of 2023/early 2024. Octillion Power Systems [26] [27] [28] 2009 Lithium-ion: Wuling; FNM; Lithium-ion battery supplier for the electric-vehicle battery market.