World's no. 2 electric carmaker goes nickel, cobalt free

China’s BYD confirmed that it is going all-in on LFP (lithium-iron-phosphate) batteries, scrapping NCM (nickel, cobalt, manganese) technology from its model line-up entirely. BYD, which is backed by legendary US investor Warren Buffet through a 21% stake,  is the second-largest...

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