Breaking News
How to Make Infinite FREE Chicken Feed
Amish's 25 BANNED Epsom Salt Hacks from the 1950s That Doctors Now Say Were GENIUS
The Korean Bucket That Grows Unlimited Plant Steroids -- Doubles Every 48 Hours
This CHICKEN Lays 365 EGGS Per Year. Never Gets Sick. Why Did They Make It Disappear?
Top Tech News
Cars Are Fast Becoming Dystopian Prison Pods...
Our Emergency Water Plan Wasn't Good Enough - So We Built This
Sodium Ion Batteries Can Reach 100 Gigawatt Per Hour Per Year Scale in 2027
Juiced Bikes proves capable electric motorcycles don't have to cost a lot
Headlight projectors turn your car into a drive-in theater
US To Develop Small Modular Nuclear Reactors For Commercial Shipping
New York Mandates Kill Switch and Surveillance Software in Your 3D Printer ...
Cameco Sees As Many As 20 AP1000 Nuclear Reactors On The Horizon
His grandparents had heart disease.
At 11, Laurent Simons decided he wanted to fight aging.
Mayo Clinic's AI Can Detect Pancreatic Cancer up to 3 Years Before Diagnosis–When Treatment...
EV Companies Not Using Iron LFP Batteries Are Doomed
LFP battery volume will be about 80% of the total battery market in 2024-2025. Nickel prices are increasing and LFP battery mass production will drive down their prices faster. Iron LFP batteries could become three times less expensive than nickel batteries.
EV Companies without Iron LFP batteries will only have the supplies to compete for 20% of the EV market in 2015. If Tesla retains 60% of the nickel battery EV market, then legacy auto combined will have a maximum of 10% of the EV market in 2025. It will take a minimum of 2-3 years and probably longer to launch new iron LFP EV models and to build and adapt factories. EV Companies with 1-2% market share will have massive economies of scale disadvantages. They will also be using more expensive batteries with further cost disadvantages.
Ford's EV plans are for 240 GWh of annual global EV battery capacity by 2030 which would be enough for 2 million F150 Lightning. Ford and SK On have to actually execute to reach that level of battery production and Ford will have to make the factories to build the EVs and Ford will have to be able to successfully sell those EVs. Ford will get about 80% (up to 170-185 GWh) from SK On.
SK On's second plant in Georgia, US: 11 GWh
Ford and SK Innovation's SK On joint venture (BlueOvalSK): 129 GWh
1) Stanton, west Tennessee – Blue Oval City (43 GWh) – 2025
2) and 3) Glendale, central Kentucky – BlueOvalSK Battery Park (2x 43 GWh) – 2025
New JV in Turkey: 30-45 GWh
Total: 170-185 GWh or 70-77% out of 240 GWh total