President Biden’s Inflation Reduction Act calls for at least 50% of an electric vehicle’s battery to be made in the U.S. to qualify for a federal discount. WSJ’s George Downs breaks down a battery to explain why that’s going to be a challenge. Illustration: George DownsIn the race to build a more affordable electric car, auto makers are turning to a lower-cost battery type that could lead to less-expensive options, but deliver less driving range.
Several major car companies plan to deploy lithium-iron-phosphate batteries, known as LFP, a type commonly used in . Those iron-based battery cells cost less than the nickel-and-cobalt combination used widely in North America and Europe.
Aquí tenemos un dicho para eso: lo barato sale caro, “the cheaper, turns to be pricey”
When will US EV makers start using automated quick exchange batteries. Instead of gas stations, we go to battery exchange station. Parking over the auto-batt-exchanger, it changes your battery, drive off.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Reuters - 🏆 2. / 97 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »