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New EV Batteries Are Making Electric Cars Cheaper And Safer

23 Feb 2025 | Abstracted from Washington Post

"...first, it will have to overcome trade barriers between the United States and China...an EV with a lithium iron phosphate (LFP) battery, you could expect lower car payments, less fire risk and more years of use out of your car

"American companies are starting to build their own LFP batteries to catch up to their Chinese rivals...Tariffs and tax credit restrictions have made it too expensive for most American automakers to import LFP batteries from China."



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