So the cars will become cheaper right? Right?
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Actually, maybe.
Nissan and Honda both have a long history of undercutting everyone else to sell compacts and both have been working on EV tech, Nissan a little more openly than Honda, although Honda does have a deal between Acura and GM in the states for battery tech.
Honda cooks forever before they release new things, but Nissan will keep cooking new small EV compacts... forever. It's just their thing.
Maybe, but this is why I already bought an EV in 2020. By the time the battery has degraded, I hope to be able to replace them with cheaper, higher capacity upgrades.
Who said it’s cheaper for YOU?
I understand that was meant as sarcasm, but actually they have become cheaper, in the way that new cheap EV models are arriving with much better range than previous cheap models.
LFP is not new. It's been in cars since Fisker integrated A123's batteries. CATL and other manufacturers have been churning out LFP in volume for over a decade now.
You do realize a decade is a very short time for something at a scale this large with complex interactions that needs to be reliable, efficient and reproducible at scale. Plus long term tests take time because it is a factor to many clients to see if they can handle at least a decade.
Yes I do and LFP has been manufactured and integrated at scale for a very long time.
It's just about LFP which are very common now. The new trend is sodium ion instead of lithium ion. CATL (battery manufacturer in China) is shipping those now, and they are starting to appear in some cars.
How's the density compared to LFP?
I believe it's notably worse. The focus seems to be more on industrial use cases with stationary batteries.
I think somewhat worse, but try a web search. One attraction iirc is very fast charging.
The savings arrived just in time to counteract the Trump Elon 100% EV tariff. So the cars will just stay the same price
Surely the savings will be passed to the consumers…
No the customers(ie the manufacturers) will get the savings. Consumers get to pay the same amount while being harvested as much data as possible