China’s BYD is seriously considering going all-in with hybrid and electric cars, and the next step for the company could be lithium manganese iron phosphate batteries. The Chinese automaker plans to begin production of these new batteries next year, reports Green Car Congress.
The lithium-manganese-iron-phosphate cathodes could allow these batteries to have a 10% to 15% greater energy density than lithium-iron batteries. In an EV like the Nissan LEAF, that’s translate to an extra 7 to 10 miles of driving per charge. Not groundbreaking, but certainly beneficial.
This battery chemistry also has lower costs, which will make EVs more accessible for the average customer. China is planning a big push to get car buyers into electric vehicles, with generous incentives that can top $10,000 or more in major metro areas.
BYD wants to make a major play for the growing EV market in China, and this new battery could give them an advantage over other companies saddled with less-dense energy storage units.