Letter ‘R’ might become the main difference that boils the future of the auto industry. In other words, the difference between Lithium-Iron phosphate batteries that will be available on the market soon and Lithium-Ion batteries, which are present in the current vehicles.
Tesla, an Elon Musk firm, has begun to embrace the development of electric vehicle technology, which will lead the firm to the first-ever Battery Day for Stakeholders. Buzz street is producing the significant differences that the future batteries will have.
Cars that use Lithium-ion batteries, the same used in cellphones, will give their way forward about the vehicles and trucks that use Lithium-iron phosphate batteries. Such cells will make the cars more affordable, increase the distance to 400 miles, which will enable the battery to last for long.
Minimizing the own prices of Tesla and instigating large numbers of customers to embrace electric vehicles remain an essential priority for Tesla.
The recent technology used in cars will change the experience of owning a vehicle, irrespective of the firm that manufactured it, whether Tesla of its competitor, General Motors.
Discussing batteries that go for more extended periods, for the same cost completely changes the calculations made by the user. Iron Phosphate batteries are way much better, safer, and have second to third lives as electricity storage.
In a statement released by Shirley Meng, a materials expert and a professor at the University of San Diego, California, abilities done to reduce the use of Cobalt have progressed over time, and Tesla has made notable moves with the help of Dahn. Meng also stated that the fitting batteries with Cobalt make it easy to engineer complex chemical constituents, making it advantageous.
However, from various researches conducted, Lithium Iron-Phosphate does not prove to be good enough for electric vehicle consumer use. Initially, its design was meant for the grid storage market due to its energy density profile. Although, the science behind the battery fits it to fast-charging and cost-efficient since it does not depend on Cobalt.
Meng has worked on the chemistry of batteries and development with renowned firms like GM, Mercedes-Benz, Maxwell Technologies, and Nissan. Researchers are curious to know the progress of Tesla, and they hope that the firm has made Lithium-iron phosphate profile known to the market of electric vehicles.
For once, the battery technology tried to jump successfully from energy storage to cars in Fisker Karma.