What are LFP batteries and why will some Ford EVs soon have them?

Ford Mustang Mach-E, F-150 Lightning getting CATL LFP batteriesFord announced on Monday that it’s planning the installation of lithium iron phosphate (LFP) batteries into its Mustang Mach-E starting later in calendar year 2023 and its F-150 Lightning in calendar year 2024. The shift will potentially bring lower EV prices, although that will “depend on what happens with the market,” according...