Ford currently uses NCM batteries in its electric vehicles
Lithium Iron Phosphate batteries are a cheaper alternative, but they are less power-dense
Tesla is already using LFP batteries in its entry-level models
Ford recently revealed that it is working on a new battery chemistry that could be used in its EVs soon.
The automaker currently uses Lithium Nickel Manganese Cobalt (NCM) batteries in its electric vehicles but it has been working on the Lithium Iron Phosphate (LFP) chemistry for quite a while now.
This new chemistry is cheaper to obtain and it is more environmentally friendly since it doesn’t require the mining of Cobalt or Nickel.
On the other hand, LFP batteries are not as power-dense as the NCM type, meaning that they can’t pack as much power in the same size of battery.
This means that they are not ideal for vehicles that need to have the longest range possible, but they can be a good choice for more affordable EVs that can get away with a lower driving range.
This is probably what Ford is going to use LFP batteries for. Indeed, the company’s CEO said that the LFP batteries are almost ready to be installed in their first generation EVs, meaning the Mustang Mach-E, the F-150 Lightning and the E-Transit.
This last model seems the most likely to receive the new batteries, but it is possible that the entry-level Mach-E will be equipped with an LFP battery in the future since this is what Tesla is doing on the most affordable versions of the Model 3 and the Model Y.
In addition to its lower cost and lower environmental footprint, the LFP chemistry also makes for more durable batteries that are safer than the NCM type in case of an accident or a fire, so it is likely we will see them from more manufacturers in the next few years.