Just when the automotive recycling is getting its head around lithium-ion battery use within the electric vehicle market, it was recently announced that Ford will be installing lithium iron phosphate (LFP) batteries into some of it vehicles in late 2023. Specifically, Ford’s Mustang Mach-E vehicles in late 2023 and F-150 Lighting in early 2024, will be showcasing this new battery technology in the hopes to make EVs more affordable and accessible.
According to Ford, the benefits of LFP batteries include exceptional durability, faster DC charming, excellent bi-directional power performance, and they use fewer high-demand, high-cost materials. However, LFP batteries are not ideal for high performance or the longest range, due in part to the weight of the batteries. They also do not “fast charge” as well in cold ambient temperatures. Ford Model E chief customer officer Marin Gjaja says, “the shift will potentially bring lower EV prices, although that will depend on what happens with the market.”
For more information about Ford’s future use of LFP batteries and the company’s long-term vision for the use of this battery technology, visit https://www.greencarreports.com/news/1138760_what-are-lfp-batteries-and-why-will-some-ford-evs-soon-have-them