Guoxuan ‘Gotion’ has agreed to supply a major American EV maker [Tesla] with 200 GWh from 2023 to 2028.
He said Gotion has demonstrated an LFP cell that has 210 W per kg. That’s amazing. Currently, BYD LFP cells are at 155 W/kg and CATL is at 140 W/kg.
He said that Elon Musk has tweeted, “LFP batteries are the chemistry of the future.”
LFP batteries use no cobalt, no nickel. They use lithium, iron and phosphate. Lower cost, easier materials to obtain and safer, less prone to catch fire.