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Volkswagen, PowerCo and Gotion plan lithium iron phosphate battery production sites in Spain, Slovakia and Morocco. The move is intended to strengthen Europe’s EV battery supply chain.
Renault said it will unveil the E-Space Concept at the Paris Motor Show. The source says the company is betting that LFP chemistry could make its EVs more affordable and that it is moving its entire electric passenger range onto that technology.
Traton Group’s development chief said the company is considering lithium iron phosphate (LFP) batteries for its truck technology plans. The statement indicates ongoing evaluation of battery chemistry choices for MAN and Scania as the group invests in new drive technologies.
Ultium Cells says it will convert its Spring Hill, Tennessee battery cell plant to make prismatic LMR cells. The chemistry is intended for future General Motors EVs from 2028 and is said to offer about 33% higher energy density than LFP at similar cost.
Volkswagen will make LFP batteries for mass-market electric vehicles through joint ventures with China’s Gotion. The move points to a push for lower-cost battery supply in Europe.