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NEWS TAGGED LFP BATTERY
Monday 21 August 2023
Samsung SDI reportedly to build South Korea's first LFP battery plant
South Korean battery maker Samsung SDI will likely build the country's first LFP battery plant in its Ulsan production base, according to local media reports. However, as CATL and...
Monday 21 August 2023
Energy storage lithium batteries carry the risk of 'thermal runaway'
In recent years, fire accidents at energy storage sites in Taiwan and abroad have brought great attention to the issue of energy storage battery safety. Industry insiders point out...
Monday 21 August 2023
CATL takes on BYD in LFP battery field with new superfast-charging LFP battery
Chinese battery maker Contemporary Amperex Technology Co. Limited (CATL) launched its Shenxing 4C superfast-charging lithium iron phosphate (LFP) battery on August 16, which will...
Thursday 17 August 2023
CATL releases new battery powering EV for 400km with 10-minute charge
China-based battery giant CATL unveiled Shenxing, a new LFP battery, on August 16. The battery can enable an EV driving range of 400 kilometers with one 10-minute charge. The company...
Friday 19 May 2023
Formosa Smart Energy Tech wants to unlock LFP, LMFP, and sodium-ion batteries all at once
Taiwan's top three lithium battery cell manufacturers right now are Formosa, Foxconn, and Taiwan Cement (TCC). Among them, Formosa Smart Energy Tech (FSET) was formed by integrating...
Wednesday 3 May 2023
South Korea develops LFP batteries with help from government
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...
Monday 17 April 2023
Formosa Smart Energy Tech builds domestic battery chain, breaks ground on Taiwan's largest battery cell plant
Formosa Smart Energy Tech (FSET), the sixth largest company under the Formosa Plastics Group, announced that it has invested over NT$16 billion (US$524 million) through its subsidiary...
Friday 17 February 2023
LFP battery prices start falling
Prices for lithium iron phosphate (LFP) batteries have started to drop, thanks to lower lithium carbonate prices and sluggish demand for electric vehicles (EV), according to industry...
Wednesday 15 February 2023
Ford to build EV battery plant in US with CATL technology
Ford has announced plans to invest US$3.5 billion in the construction of an automotive LFP battery plant in Marshall, Michigan, as well as a collaboration with China's Contemporary...
Thursday 9 February 2023
Battery makers in US, Europe seeking backup supplies against possible China export ban
Lithium iron phosphate (LFP) battery supply chain players outside China are moving to seek backup supply packages as they are worried that China's upcoming restrictions on...
Wednesday 8 February 2023
Powin hopes to cooperate with Taiwan makers to produce LFP battery modules in US: Q&A with company founder
US-based energy storage system developer Powin Energy, in a bid to obtain subsidies arising from Inflation Reduction Act (IRA), is actively planning to produce LFP (lithium iron phosphate)...
Friday 27 January 2023
China's LFP battery cathode material capacity glut will surface in 2023-2024?
China has been the most aggressive in the world in carrying out capacity expansions for lithium iron phosphate (LFP) batteries. China news media recently warned that an oversupply...
Wednesday 14 December 2022
Lithium prices to stabilize through 1Q 2023 while cathode costs will increase further
Battery material price volatility has caused much burden for EV manufacturing this year. According to Benchmark Mineral Intelligence, prices of lithium, one of the essential raw materials,...
Wednesday 7 December 2022
Synergy expects battery cell demand to resume in 2H23
Taiwan-based battery cell maker Synergy ScienTech remains conservative about market demand for the first half of 2023 and expects sales to possibly resume growth in the second half...
Tuesday 29 November 2022
Japan-based Taiheiyo Cement in R&D of LFMP batteries
Japan-based Taiheiyo Cement has been in R&D of LFMP (lithium-iron-manganese-phosphate) batteries of which energy density is 40-50% higher than that for LFP (lithium iron phosphate)...