It is said that the Korean LG new energy is developing lithium iron phosphate soft -packed batteries. The battery is currently in the research and development stage. The density is 20%higher than that of CATL supply Tesla Model 3, but the cost is also higher.
The version of the LG new energy uses a cobalt -free cathode and is a soft bag type.
LG new energy currently mainly produces nickel, cobalt -based and manganese -based batteries.
Although the company is ambitious, the development of this car battery usually takes several years to complete. The LG new energy must prove that its lithium iron phosphate battery capacity; it has a version of a version of energy storage solutions is under development and will be sold in the first half of 2023.
