NIO wants to lower its EV prices even more using LFP
NIO EL6 (Source: NIO) NIO is considering full LFP (Lithium Iron Phosphate) batteries for future vehicles in a bid to cut costs, according to a Chinese regulatory filing (reported by CNEVPost). While the company has announced no plans about which vehicles or when the batteries will be available, the move makes sense for the high-volume, […]