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South Korea develops LFP batteries with help from government

Staff Writer, Taipei; Jack Wu, DIGITIMES Asia Wednesday 3 May 2023 0

The South Korean government is promoting the development of LFP batteries. Credit: MOTIE

With EVs gradually gaining popularity, the demand for mid- to low-price models has grown. EV makers have elected to reduce costs in exchange for price competitiveness. One method is to increase the use of lithium iron phosphate batteries (LFP), which...

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