The battery world has fallen head over heals for lithium-iron-phosphate cells, a cheap, durable chemistry that can lower the price of a vehicle by thousands of dollars. Tariffs and anti-China regulations have complicated the picture for American automakers.
“We think LFP is the missing ingredient for energy prosperity. The problem is it’s literally 99% made in China,” Eric McShane, co-founder and CEO of Electroflow, told TechCrunch. “If we want to have a chance of competing, we’ve got to flip that script.”
McShane and his co-founder, Evan Gardner, have developed a technology they think is capable of undercutting Chinese producers on cost by cutting out several steps in the production process. If they can deliver, they could cut the cost of a LPF battery by as much as 20% while building a domestic supply chain.
“We looke
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