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