Hyundai, Kia to adopt in-house LFP batteries for cheaper EVs in time for Tesla Model 2 — likely to qualify for US tax incentives

[Redaktion]

An industry source indicates that the Hyundai Motor Group will develop its own in-house battery technology in order to reduce reliance on Chinese sources. These lithium iron phosphate (LFP) batteries are to end up in entry-level and mid-range Hyundai and Kia vehicles, like the Hyundai Ioniq 5, Kia Niro EV, and the upcoming Kia EV2, as soon as 2025.

https://www.notebookcheck.net/Hyundai-Kia-to-adopt-in-house-LFP-batteries-for-cheaper-EVs-in-time-for-Tesla-Model-2-likely-to-qualify-for-US-tax-incentives.765702.0.html