LFP batteries

Electric vehicle makers, constrained by slowing demand, are striving to make their cars affordable to cash-strapped buyers. Ford Motor Company (NYSE: F) on its part is working on ways to trim costs and potentially pass through the benefit to consumers. What Happened: The lithium-iron-phosphate, or...

Rivian Automotive Inc (NASDAQ: RIVN) will start using batteries made of lithium-iron-phosphate (LFP) in some of its cars this year as a hedge against rocketing nickel prices, the electric vehicle maker's CEO RJ Scaringe said on Thursday. What Happened: The EV...