Ford decides to add additional battery options for its F-150 Lightning and Mustang Mach-E
And 30K SUVs that Ford won't share the details of yet - A target set by Ford needs new battery supply to begin production.
A plan Ford did not mention openly, from the Ford Blue segment.
Ford offers LFP Battery in EVs are available alongside with already existing nickel cobalt manganese (NCM).
Tesla is ahead of Ford to make this move - Tesla produced half of its EVs in Q1 with LFP batteries.
Develop over 600,000 electric vehicles - cars and trucks by late 2023, and has 100 percent of battery cell production required.
Lithium-ion (or Li-ion) Batteries
Are smaller in size, require low maintenance and are environmentally safer than Nickel-cadmium batteries.
Used in most electric vehicles because of their high energy per unit mass relative to other electrical energy storage systems.