Multiple news sources are reporting that Tesla has begun using lithium-iron phosphate (LFP) battery cells in its Megapack grid-scale storage systems. LFP has some advantage and disadvantages when compared to the traditional nickel cobalt aluminum (NCA) or nickel, manganese, cobalt (NMC) batteries typically used to power electric cars.

The advantages include not using nickel or cobalt, both of which are going up in price as the demand for electric cars accelerates.

Tesla Transitions to LFP Battery Cells for Megapack Installations | Devamı>>>

Elon Musk says the No. 1 way to decrease carbon dioxide emissions would be to levy a tax on carbon.

“My top recommendation, honestly, would be just add a carbon tax,” Musk told Joe Rogan on The Joe Rogan Experience podcast on Thursday. “The economy works great. Prices and money are just information. … If the price is wrong, the economy doesn’t do the right thing.”

Currently, there is no direct monetary consequence for businesses and industries whose production releases greenhouse gasses into the atmosphere; in other words, it is free to create green house gasses, the most common and pervasive of which is carbon dioxide.

No.1 Way to Decrease Carbondioxide Emissions Would be to Levy a Tax on Carbon | Devamı>>>

The future of the auto industry may boil down to the difference made by a single letter: R. As in, the difference between a lithium-ion battery, like those found in today’s electric vehicles made by Tesla and others, and the lithium-iron phosphate batteries coming soon to market.

As Elon Musk’s Tesla has been talking up new battery technology development as part of the lead-up to the company’s first-ever Battery Day for investors, Wall Street is buzzing about the difference the next generation of batteries may make.

Lower-Cost, ‘Million-Mile’ Electric-Car Batteries | Devamı>>>