News Snapshot:
At the beginning of October 2020, Tesla lowered the base price of the Model 3 in China by adopting LFP battery cells from CATL. The cobalt-free lithium iron phosphate chemistry brought the starting price down to 249,900 yuan, translating to $37,395 at current exchange rates, a considerable cut from the previous 271,500 yuan. 21 photos We take EVs for granted these days, thinking that they’re eco-friendly from the start of their life until the very end in the car crusher. The truth is, the cobalt that goes into the typical lithium-ion battery is hard to mine, hard to refine, and...
