SK On may start mass producing LFP batteries for automakers in 2026 – executive – ET Auto
Baua Electric
JANUARY 11, 2024
South Korea’s SK On plans to start mass producing lithium iron phosphate (LFP) batteries as early as 2026 to supply several automakers as it pushes to deliver a lower cost battery chemistry favoured by its Chinese rivals, a senior executive said. We have to compete with the Chinese LFPs. Maybe it’s not easy,” he said.
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