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Mobility
Ford begins first U.S. production of LFP battery cells, to fit in $30,000 electric pickup in 2027
Ford has begun producing lithium iron phosphate (LFP) battery cells in the United States as it steps up efforts to target the mass-market electric vehicle segment. The company produced its first LFP cells at its BlueOval Battery Park in Michigan, with plans to use them in a mid-size electric pickup priced in the $30,000 range due in 2027. Ford licensed technology and manufacturing processes from China’s CATL and also plans to use the batteries in energy storage systems.
Industry
Mineral prices and rules boost profits in battery recycling
A sharp rise in lithium prices has helped restore the economics of used battery recycling, lifting margins for processes that extract metals from black mass. The supply structure is also shifting as first-generation electric vehicles begin reaching end-of-life, increasing the share of metals recovered from batteries after use. Regulations in the European Union and incentives under the U.S. Inflation Reduction Act are supporting demand by requiring or encouraging recycled content and qualifying recycled minerals for subsidies.
Industry
LG Energy Solution, Korea Electrical Safety Corp to build LFP safety framework
LG Energy Solution said on Tuesday it signed an MOU with Korea Electrical Safety Corp to strengthen safety for energy storage systems. The two will cooperate on safety policy support, information sharing, training and technology exchange, and technical cooperation. They will jointly create a new safety management framework for new sites using the company’s LFP batteries and work to revise safety regulations tailored to LFP characteristics.