Hyperdrive
China's EV Battery Sector Is Preparing a New Breakthrough
Gotion High-Tech aims to mass produce cheaper LMFP cells that promise to match the performance of more expensive technology.
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One of China’s top battery-makers reckons it has cracked a technology to provide even cheaper and more powerful packs for electric vehicles.
Gotion High-Tech Co. recently unveiled a lithium-iron-manganese-phosphate battery — LMFP for short — which it says will power an EV for 1,000 kilometers (621 miles) on each charge. Until now, it’s largely the more expensive nickel-cobalt batteries have provided that kind of range.