Ford will offer the less-expensive lithium iron phosphate chemistry on its Mustang Mach-E this spring and on the F-150 Lightning next year.
DETROIT — Ford Motor Co. in the coming months will offer two different battery chemistries on its electric vehicles as the automaker introduces a lower-cost and shorter-range alternative to the packs it uses today.
In addition to their low cost because of more readily available materials, lithium iron phosphate batteries are more durable and can be fully recharged more quickly, Ford said. That makes them better for customers who mainly use their vehicle for routine trips to work or school, or fleet operators with fixed routes.
Still, Poon said the automaker plans to educate customers and dealers on the differences so they can make more informed purchase decisions. Chief among them is cost. Lithium iron phosphate batteries are 30 to 40 percent cheaper than nickel cobalt manganese batteries, mostly because minerals such as iron and phosphorous are abundant throughout the world, Abuelsamid said.
Lithium iron phosphate batteries can be attractive to EV customers who don't travel far every day and who have access to home or public charging. Abuelsamid said lithium iron phosphate batteries could have a more efficient battery pack design than their nickel cobalt manganese counterparts, which could make up for some of the range deficit.
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