Tesla Used Cheaper LFP Batteries in Half of All Vehicles Produced in Q1 2022

Tesla Used Cheaper LFP Batteries in Half of All Vehicles Produced in Q1 2022

As Tesla’s profits and prices grabbed headlines last week, a potentially pivotal development for the global car industry flew largely under the radar. The US electric pioneer disclosed that nearly half of the vehicles it produced in the first quarter were equipped with lithium iron phosphate (LFP) batteries — a…