Lithium-Iron-Phosphate Batteries and Lithium-Ion batteries are used to power a variety of devices, but which battery type is ...

The lithium-iron-phosphate battery — a technology that's less expensive and less prone to catching fire than traditional EV batteries — originally was developed in the United States.

This is a big deal because battery costs are still the single largest expense in producing EVs. According to GM and industry experts, LMFP cells could help bring the cost of electric vehicles close to ...