Tesla to roll out China-made Model 3 cars with cobalt-free LFP batteries sources


Source: sharenet.co.za sharenet.co.za

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Most Read Tesla to roll out China-made Model 3 cars with cobalt-free LFP batteries - sources BEIJING, Sept 30 (Reuters) - U.S. electric vehicle maker Tesla Inc is poised to start selling some Model 3 vehicles made in China equipped with cobalt-free lithium iron phosphate (LFP) batteries, two people familiar with the matter said. Currently the Model 3 electric sedans made at the carmaker's Chinese plant use nickel-manganese-cobalt (NMC) batteries. The starting price for the vehicles is currently 271,550 yuan ($39,900) after factoring in government subsidies. Tesla will announce the product change as early as Thursday, the two sources said....