Implications of the Electric Vehicle Manufacturers’ Decision to Mass Adopt Lithium-Iron Phosphate Batteries

Lithium-ion batteries are the ubiquitous energy storage device of choice in portable electronics and more recently, electric vehicles. However, there numerous lithium-ion battery chemistries particular, several cathode materials that have been commercialized over last two decades, each with their own unique features characteristics. In 2021, Tesla Inc. announced it would change cell chemistry used its mass-market vehicles (EVs) from Lithium-Nickel-Cobalt-Aluminum-Oxide (NCA) to cells Lithium-Iron-Phosphate (LFP) cathodes. Several other automakers followed this trend by announcing plans move EV production LFP. One reasons stated for transition was address issues nickel cobalt supply chains. paper, we examine adopting LFP vehicles, explore alternative behind transition, analyze effects will on consumers.